THE 2006 ALTA POLICY FORMS AND …

THE 2006 ALTA POLICY FORMS AND ENDORSEMENTS: THE NEW TITLE POLICIES By Douglas M. Karlen, Regional Counsel Chicago Title Insurance Company The American Land Title Association (ALTA) has adopted new title insurance POLICY and endorsement FORMS , effective June 17, 2006. This article will describe the new owner and loan policies (hereinafter referred to as the 2006 policies) and compare their coverages to the 1992 POLICY FORMS currently used by all title insurers in the Midwest. It will also contain a brief description of the new ALTA endorsements. In highlighting differences in coverages, this discussion assumes that the reader is already familiar with the provisions of the 1992 POLICY FORMS . Further, it will not contain quotations of text from either the 1992 or the 2006 policies. The 2006 policies and endorsements may be inspected and downloaded from the ALTA website at GENERAL PRINCIPLES Several general principles may be discerned from the format and language of the 2006 policies.

THE 2006 ALTA POLICY FORMS AND ENDORSEMENTS: THE NEW TITLE POLICIES By Douglas M. Karlen, Regional Counsel Chicago …

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  Policy, Form, Endorsement, Taal, Alta policy forms and, Alta policy forms and endorsements

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