Organizational Guidelines
American Land Title Association California Land Title Association Stewart Title GuarantyGuideline: ALTA Endorsement 32 (Construction Loan), 32.1 (Construction Loan - Direct Payment), and 32.2 (Construction Loan - Insured's Direct Payment)
Explanation:
Mechanic’s lien coverage during construction is an extra-hazardous risk.
ALTA Endorsements 32, 32.1 and 32.2 are designed for loan policies during construction in situations where the mortgage or deed of trust can never have priority over mechanic’s liens or where the mortgage or deed o...
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.
- ALTA Endorsement 32 (Construction Loan) (7-1-21)
- ALTA Endorsement 32-06 (Construction Loan) (2-3-11) TC 12-1-18
- ALTA Endorsement 32.1 (Construction Loan - Direct Payment) (7-1-21)
- ALTA Endorsement 32.1-06 (Construction Loan - Direct Payment) (4-2-13) TC 12-1-18
- ALTA Endorsement 32.2 (Construction Loan - Insured's Direct Payment) (7-1-21)
- ALTA Endorsement 32.2-06 (Construction Loan - Insured’s Direct Payment) (8-1-12; 4-2-13) TC12-1-18
- ALTA Endorsement 32.2-06 (Construction Loan-Loss of Priority-Insured's Direct Payment) (08-01-12)
- OTIRO Endorsement No. 232 (Construction Loan) (07-01-21)
- OTIRO Endorsement No. 232-06 (Construction Loan - Loss of Priority Endorsement) (02-03-11)
- OTIRO Endorsement No. 232.1 (Construction Loan - Direct Payment) (07-01-21)
- OTIRO Endorsement No. 232.1-06 (Construction Loan - Loss of Priority - Direct Payment Endorsement) (04-02-13)
- OTIRO Endorsement No. 232.2 (Construction Loan - Insured’s Direct Payment) (07-01-21)
- OTIRO Endorsement No. 232.2-06 (Construction Loan - Loss of Priority - Insured’s Direct Payment) (04-02-13)