Zwiren Title Agency, Inc

ALTA 26-06: SUBDIVISION ENDORSEMENT

11.15.19 11:08 AM Comment(s) By Emily

FEATURED ENDORSEMENT: SUBDIVISION ENDORSEMENT
 ALTA 26-06

Subdivision matters are generally excluded on the Title Policy Jacket.  The ALTA 26-06 provides limited coverage regarding subdivision statues and local subdivision ordinances.  The insuring language is: The Company insures against loss or damage sustained by the Insured by reason of the entry of a final and non-appealable judgment or order by a court of competent jurisdiction setting aside or invalidating the Title because the Land does not constitute a lawfully-created parcel according to the subdivision statutes and local subdivision ordinances applicable to the Land.

Emily

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