Page 93 - Guide to the Most Requested Commercial Title Insurance Endorsements eBook
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ALTA                           Table of Contents                 Quick Reference Index

                      ENDORSEMENT                    1      2       3         1      2       3      4       5      6




                                          LOCATION ENDORSEMENT SERIES
                                         ALTA ENDORSEMENTS 22-06, 22.1-06



                    I.     Purpose:

                           The ALTA 22 series of endorsements is for use with improved real property and
                           provides assurance that the insured land contains a designated improvement located
                           at a specific street address at Date of Policy.


                           The ALTA 22 series of endorsements may be issued with owner’s and loan policies.

                    II.    Coverage Provided:


                           a. ALTA 22-06 (Location): Insures that the land described in Schedule A of the policy
                               contains the designated improvement at a specific street address as of the Date
                               of Policy.


                           b. ALTA 22.1-06 (Location and Map): Coverage provided by the ALTA 22.1-06 is
                               nearly identical to coverage provided by the ALTA 22-06; however, the 22.1-06
                               includes the added assurance that the location and dimensions of the insured
                               land are accurately shown on a map attached to the policy.

                    III.   Title Tips:


                           a. The blank after "known as" is for the street address.  Confirmation that the
                               designated improvement is located at a specific street address may be obtained
                               through tax records, a recent survey, or other means.


                           b. In connection with the ALTA 22.1-06, a copy of the map or survey relied on to issue
                               the endorsement is attached to the policy.


                            c. An ALTA/NSPS survey depicting the improvement on the land is relied upon to
                               issue this endorsement.

























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