ALTA Endorsement Forms

Endorsement Form 1 (Street Assessments)
Form 1 is designed to insure the lender against loss or damage which it might sustain by reason of any assessments for street improvements either under construction or completed at the date of the policy which could gain priority over the insured mortgage.

ALTA Endorsement Form 2 (Truth in Lending)
Form 2 is designed to insure affirmatively an insured under a loan policy against loss or damage sustained by reason of the exercise of the right of rescission conferred upon a mortgage borrower under the Federal Truth in Lending Act, as implemented by Regulation Z.

ALTA Endorsement Form 3 (Zoning)
ALTA Endorsement 3 and 3.1 are designed to inform the insured under an owner's or loan policy of the zoning classification under which the land falls and to insure the insured against loss or damage that may be sustained by reason of inaccuracies in the information supplied or a final judicial determination invalidating the zoning ordinance establishing such classification and resulting in the prohibition of such uses.

ALTA Endorsement Form 3.1 (Zoning - Completed Structure)
Endorsement 3.1 expands the coverage given in Form 3 to insure the insured further against loss or damage that may be sustained by reason of a final judgment requiring the removal or alteration of existing structures on the land, on the grounds that they are in violation of the zoning restrictions imposed on the use of the land relating to the site or floor area, set back lines and height of the building.

ALTA Endorsement Form 4 (Condominium)
The ALTA Endorsement 4 is designed to provide special comprehensive title protection as to matters peculiar to condominiums. This endorsement is available to both owners and lenders, subject to review of each item of coverage. This endorsement is not intended to insure the title of the developer.

ALTA Endorsement Form 4.1
In several states, legislation has given super priority status to liens for unpaid association charges. ALTA Endorsement Form 4.1 is designed for use in those jurisdictions.

ALTA Endorsement Form 5 (Planned Unit Development)
Planned Unit Development (PUD) Endorsement Form 5 is available for use for both owner's and loan policies in some jurisdictions. The PUD Endorsement Form 5 insures against violations of any restrictive covenants. It also insures that the insured mortgage is prior to any homeowners associations charges. The endorsement insures against encroachments. Furthermore, the PUD endorsement insures that the insured's title will not fail by reason of an outstanding right of first refusal.

ALTA Endorsement Form 5.1 (Planned Unit Development)
In several states, legislation has given super priority status to liens for unpaid homeowner association charges. ALTA Endorsement Form 5.1 is designed for use in those jurisdictions.

ALTA Endorsement Form 6 (Variable Rate Mortgage)
This form offers insurance as to the validity and lien priority of mortgage provisions providing for a variable interest rate.

ALTA Endorsement Form 6.1 (Variable Rate Mortgage - Regulations)
This form offers insurance as to the validity and lien priority of mortgage provisions providing for a variable interest rate where such validity and priority depend upon compliance with particular statutes or regulations

ALTA Endorsement Form 6.2 (Variable Rate Mortgage - Negative Amortization)
This form offers insurance as to the validity and lien priority of mortgage provisions providing for both a variable interest rate and negative amortization.

ALTA Endorsement Form 7 (Manufactured Housing Unit)
The Manufactured Housing Unit Endorsement is designed to insure a mobile home trailer as part of the real property if it is affixed to the land. This endorsement can also be used to insure a mortgage covering the trailer as well as the land, if the trailer is affixed to the land.

ALTA Endorsement Form 8.1 (Environmental Protection Lien)
This form is designed to insure a lender in situations where a mortgage is made on land used primarily for residential purposes against loss by reason of lack of priority of the lender's lien because of environmental protection liens recorded in those records which under state statutes impart constructive notice of matters relating to real estate or which are filed in the records of the clerk of the United States district court unless the lien is excepted to in Schedule B of the policy. This form also protects against lack of priority for any environmental lien provided for in any state statute in effect at date of policy unless excepted in the form.

ALTA Endorsement Form 9 (Restrictions,Encroachments, Minerals)
This form gives a lender an assortment of coverages dealing with violations of restrictions, encroachments and future exercise of a right to use the surface of the land for the extraction of minerals. It is similar to the CLTA 100 and the Company's Comprehensive Endorsement.

ALTA Endorsement Form 10

ALTA Endorsement Form 10.1

ALTA Endorsement Form 14 (Future Advance-Priority)
Provides insured ALTA lender with coverage against loss concerning priority of insured mortgage lien insofar as same secures an additional advance and re-advance. Provides insured lender with coverage against loss by reason of loss of priority of the lien of the insured mortgage caused by changes in the rate of interest, interest on interest, and increases in the unpaid principal resulting from the addition of unpaid interest.

ALTA Endorsement Form 14.1 (Future Advance-Knowledge)
Provides insured ALTA lender with coverage against loss concerning priority of insured mortgage lien insofar as same secures an additional advance and re-advance where the insured has no knowledge of intervening matters. Provides insured lender with coverage against loss by reason of loss of priority of the lien of the insured mortgage caused by changes in the rate of interest, interest on interest, and increases in the unpaid principal resulting from the addition of unpaid interest.

ALTA Endorsement Form 14.2 (Future Advance-Letter of Credit)
Provides insured ALTA lender with coverage against loss concerning priority of insured mortgage lien insofar as same secures an additional advance and re-advance where the insured has no knowledge of intervening matters.

ALTA Endorsement Form 15 (Non-imputation-Full Equity Transfer)
Provides insured owner with insurance that, in the event of loss, policy liability will not be denied on the basis of knowledge of any matter solely by reason of notice thereof imputed to the insured as a matter of law.

ALTA Endorsement Form 15.1 (Non-imputation-Additional Insured)
Provides additional insured with insurance that, in the event of loss, policy liability will not be denied on the basis of knowledge of any matter solely by reason of notice thereof imputed to the insured as a matter of law.

ALTA Endorsement Form 15.2 (Non-imputation-Partial Equity Transfer)
For a partial equity transfer, provides insured owner with insurance that, in the event of loss, policy liability will not be denied on the basis of knowledge of any matter solely by reason of notice thereof imputed to the insured as a matter of law.

ALTA Endorsement Form 16 (Mezzanine Financing)
Provides mezzanine lender with insurance that, in the event of a loss, policy liability will not be denied to the mezzanine lender on the ground that any or all of the ownership interests (direct or indirect) in the insured have been transferred to or acquired by the Mezzanine Lender. The endorsement also provides non-imputation coverage.

ALTA Endorsement Form 17 (Access and Entry)
Provides insured with coverage against loss sustained in the event that a certain described easement does not provide an identified portion of the land with both actual vehicular and pedestrian access to and from an identified physically open and publicly maintained street.

ALTA Endorsement Form 17.1 (Indirect Access and Entry)
Provides insured with coverage against loss sustained in the event that a certain described easement does not provide an identified portion of the land with both actual vehicular and pedestrian access to and from an identified physically open and publicly maintained street.

ALTA Endorsement Form 18 (Single Tax Parcel)
Provides insured with coverage against loss sustained by reason of the land being taxed as part of a larger parcel of land or failing to constitute a separate tax parcel for real estate tax purposes.

ALTA Endorsement Form 18.1 (Multiple Tax Parcel)
Provides insured with coverage against loss sustained by reason of those portions of the identified land not being assessed for real estate tax purposes under the certain tax identification numbers or those certain tax identification numbers including any additional property. Also provides the insured with coverage against loss sustained by reason of the easements, if any, described in Schedule A being cut off or disturbed by the non-payment of real estate taxes or assessments imposed on the servient estate by a governmental authority.

ALTA Endorsement Form 19 (Contiguity-Multiple Parcels)
Provides insured with coverage against loss sustained by reason of the failure of certain described portions of the land to be contiguous with other described portions of the land.

ALTA Endorsement Form 19.1 (Contiguity-Single Parcel)
Provides insured with coverage against loss sustained by reason of the failure of the land to be contiguous along a certain described boundary line.

ALTA Endorsement Form 20 (First Loss-Multiple Parcel Transactions)
Subject to provisions, in the event of a claim resulting from a matter insured against by this policy, the Company agrees to pay that portion of the Material Impairment Amount that does not exceed certain limits of liability without requiring the maturity of the Indebtedness by acceleration or the pursuit by the insured of its remedies against the Collateral or the pursuit by the insured of its remedies under any guaranty, bond or other insurance policy.

ALTA Endorsement Form 21 (Creditors' Rights)
Provides insured with coverage against loss sustained by reason of the avoidance in whole or in part, or a court order providing some other remedy, based on the voidability of any estate, interest, or mortgage shown in Schedule A because of the occurrence on or before Date of Policy of a fraudulent transfer or a preference under federal bankruptcy, state insolvency or similar creditors' rights laws.

ALTA U.S. Date Down Endorsement

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