Organizational Guidelines
American Land Title Association California Land Title Association Stewart Title GuarantyCLTA Priority of Lease Endorsement Guideline 119.2
Explanation:
The CLTA 119.2 Endorsement provides an ALTA lender on the leasehold or the fee with insurance that the lease is valid and currently in existence and that it is shown in the policy according to the order of its priority.Underwriting Requirements:
(1) A search of the records is required ...Unlock tools and resources designed exclusively for title professionals. Access bulletins, underwriting manuals, and state-specific guidance, all in one place.
Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.
Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.