Organizational Guidelines
American Land Title Association California Land Title Association Stewart Title GuarantyGuideline: ALTA Endorsement 46-06 (Option) (08-01-15)
Explanation:
A real estate option is a written agreement giving the holder of the option the right, but not the obligation, to acquire an interest in real property for an agreed upon price and within a certain time period. The Optionor is the owner of property who agrees to give the Optionee a righ...
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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.