Alta Title Endorsements Requested By Lenders In Relation To Alta Loan Policy of Title Insurance

Lenders request ALTA, CLTA and/or special endorsements to provide insurance against matters excluded or excepted from coverage. The American Land Title Association (ALTA) endorsements Lenders frequently request in relation to the ALTA Loan Policy of Title Insurance are:

a. 3.1-06 (Zoning – Completed Structure)

b. 6-06 (Variable Rate Mortgage)

c. 8.2-06 (Commercial Environmental Lien)

d. 9.3-06 (Restrictions, Encroachments, Minerals – Loan Policy)

e. 17-06 (Access and Entry)

f. 18.1-06 (Single Tax Parcel) or 18.2-06 (Multiple Tax Parcel)

g. 19.1-06 (Continuity, Single Parcel) or 19-06 (Contiguity, Multiple Parcels)

h. 22.1-06 (Location and Map)

i. 24-06 (Doing Business)

j. 25-06 (Same as Survey)

k. 26-06 (Subdivision)

l. 27-06 (Usury)

m. 28.1-06 (Encroachments – Boundaries and Easements)(on select transactions)

n. 35-06 (Minerals and Other Subsurface Substances – Buildings)

o. 37-06 (Assignment of Leases and Rents)

p. 39-06 (Policy Authentication)

In addition, Lenders’ request “deletion of arbitration clause endorsement (SE-93).”

As Lender’s counsel on limited occasions, on behalf of Lenders we request individualized endorsements to meet the insured lender’s special needs in relation to a loan transaction.

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