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Guideline: ALTA Endorsement 15 and 15-06 (Nonimputation-Full Equity Transfer)

Guideline: ALTA Endorsement 15 and 15-06 (Nonimputation-Full Equity Transfer)

Explanation:

This endorsement, while available for a Loan Policy, is designed for simultaneous issuance with an Owner's Policy.  It contemplates acquisition by the new investors of the full interest in the entity owning the land and named as the "insured" under the policy.

The endorsement limits app...

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.