PA 1180 ALTA 15.2-06 Non-Imputation - Partial Equity Transfer 5-1-16

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PA 1180 ALTA 15.2-06 Non-Imputation - Partial Equity Transfer 5-1-16

Form Document
08/05/2020
V 5

TIRBOP - PA ENDORSEMENT 1180 (ALTA 15.2-06 NON-IMPUTATION – PARTIAL EQUITY TRANSFER)

ATTACHED TO POLICY NUMBER ______________________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

File No.:____________________

 

The Company agrees that it will not assert the provisions of Exclusions from Coverage 3(a), (b), or (e) to deny liability for loss or damage otherwise insured against under the terms of the policy solely by reason of the action or inaction or Knowledge, as of Date of Policy, of

______________________

whether or not imputed to the entity identified in paragraph 3 of Schedule A or to the Insured by operation of law, but only to the extent that the Insured acquired the Insured’s interest in the entity as a purchaser for value without Knowledge of the asserted defect, lien, encumbrance, adverse claim, or other matter insured against by the policy.

IN WITNESS WHEREOF, the Company has caused this endorsement to be issued and become valid when signed by an authorized officer or licensed agent of the Company.

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