Organizational Guidelines
American Land Title Association California Land Title Association Stewart Title GuarantyCLTA Obligatory Advance Endorsement Guideline 122
Explanation:
This endorsement provides an ALTA construction lender with assurances concerning obligatory advances made under an insured deed of trust.Underwriting Requirements:
(1) Since liability under this endorsement is limited to the amount of the policy, it should only be issued where the orig...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.