Question:

What are title insurance endorsements?

Answer:

Title insurance endorsements provide for greater liability of the title insurer and underwriter. They are in fact attachments that modify an existing title policy, or provide that the insured party be given greater policy coverage than what they would otherwise get with unendorsed title policy.

Additional title insurance endorsement fees are collected together with the regular title insurance premium.

Your state's Insurance Department will provide guidelines and existing title endorsements to lender and owner title insurance policies, and to ALTA and CLTA endorsements, as well.

ALTA Title Insurance Endorsements

ALTA endorsements include and are not limited to:

  • Zoning unimproved land;
  • Zoning for improved property;
  • Condominiums and planned unit developments (PUDs);
  • Variable rate mortgages with or without negative amortization;
  • Manufactured housing;
  • Environmental protection;
  • Restrictions and encroachments.
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