What is an ALTA 9 endorsement for on title?

Explanation: This endorsement to the Loan policy insures against violations of restrictions, encroachments over easements, building lines or property lines, and damage by reason of mineral development. Endorsement 9 is issued with a 1992 ALTA Loan Policy. Endorsement 9-06 is issued with a 2006 ALTA Loan Policy.

What is an ALTA 8.1 endorsement for on title?

ALTA has developed the 8.1 (Environmental Protection) Endorsement, which provides affirmative insurance that there are no liens recorded for the cleanup of hazardous wastes on the insured property. It may not be issued on commercial or industrial property without prior authorization from Agents National Title.

What is an ALTA 32 endorsement?

ALTA 32 insures only to the extent that the charges for the services, labor, materials, or equipment for which the Mechanic’s Lien is claimed were designated for payment in the documents supporting a Construction Loan Advance disbursed by or on behalf of the Insured on or before Date of Coverage.

What is Florida form 9 endorsement?

So, what is a Florida Form 9 Endorsement? A Form 9 Endorsement insures against violations of restrictions, encumbrances over easements, building lines or property lines, and damage by reason of mineral development. This endorsement also removes all survey exceptions.

What is an Alta endorsement?

The ALTA 9 series of endorsements includes private rights endorsements. These are the ALTA 9.9 endorsement, which is the private rights for an owner’s policy, and the ALTA 9.6 private rights endorsement for a loan policy. Both of these endorsements insure against what are called private rights.

What is Alta coverage?

ALTA stands for American Land Title Association and an ALTA policy is a title insurance policy that protects against damage or losses related to the defects in the transfer of title (which includes all the transfers of title).

What is form 9 endorsement?

What is the Form 9, sometimes called the “Survey Endorsement?” A Form 9 provides the affirmative coverage most commonly requested by originating lenders and the secondary lending market.

What is an Alta form?

The American Land Title Association (ALTA) is the national trade association for the title insurance industry. The industry as a whole works to reduce risk before insuring to avoid any land title issues. ALTA has created the forms required for almost all title insurance transactions in the United States.