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LA ALTA Endorsement 20 (First Loss-Multiple Parcel Transactions)

LA ALTA Endorsement 20 (First Loss-Multiple Parcel Transactions)

Explanation:

The ALTA Endorsement Form 20 (First Loss-Multiple Parcel Transactions) is effective if the Collateral (any real and personal property that secures the loan) includes at least two parcels of land. This endorsement, unlike many prior proprietary endorsements, contains no threshold or dedu...

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.

This guideline applies to the following form(s):
  • None