Page 118 - ALTA Endorsements Guide
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ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS
ALTA 15.1-06
Non-Imputation - Additional Insured
New investors acquiring an equity interest in an existing partnership, limited liability company, or a
corporation owning the land or lenders with participation or shared appreciation interest in loans,
might seek this endorsement. This endorsement provides assurance that liability under the policy
will not be denied on the grounds that the insured had knowledge of adverse matters imputed to
it, by operation of law, through existing, former, or departing members or partners, or individuals
(i.e.., equity owners) associated with corporations, lenders, or borrowers, respectively. The ALTA 15.1
contemplates a partial transfer and limits the coverage provided to the percentage interest acquired
by the new investor in the entity holding title. This endorsement is only available for owner’s policies.
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