Page 24 - ALTA Endorsements Guide

ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS

ALTA 5-06

Planned Unit Development - Assessments Priority

The ALTA 5 is used to provide coverage against loss or damage resulting from certain risks related
to planned unit developments. These forms are intended for use with improved residential property
that constitutes a planned unit development or is subject to a homeowner’s association or other

recorded master agreement, but also may be requested on commercial properties if there is an
association or master agreement that provide for assessments. The coverage provided by these

forms may not be available in all states due to certain lien priority laws and other state laws
prohibiting certain coverages. The endorsement is available for loan policies only.

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