The policy to be issued at regular fee policy premium rates must be in an amount not less than the down payment specified in the contract to an amount not exceeding the contract price and the cost of contemplated improvements and other development and construction costs.

The premium for the endorsement when issued with a policy without a TIRSA Leasehold or TIRSA Cooperative endorsement is computed at the regular Owner's policy rate. When the policy includes a TIRSA Leasehold or TIRSA Cooperative endorsement, the charge is 30% of the regular Owner's policy rate for the insurance not exceeding the amount of the Owner's policy. Continuation searches to downdate the policies are $200 each.