Page 198 - ALTA Endorsements Guide

ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS

ALTA 32.2

Construction Loan – Loss of Priority – Insured’s Direct Payment

The ALTA 32.2 endorsement provides coverage only to the extent that direct payments are made
to suppliers of services, labor, equipment, or materials by the Insured or on the Insured’s behalf
on or before the Date of Coverage and only for services, labor, materials, or equipment for which

the Mechanic’s Lien is claimed. There is no coverage for any mechanics liens for services, labor,
equipment, or materials furnished after the Date of Coverage or to the extent that a supplier of

services, labor, equipment, or materials was not directly paid by the Insured or on the Insured’s behalf.
This endorsement is only available for loan policies.

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