Page 256 - ALTA Endorsements Guide
P. 256
ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS
ALTA 40.1-06
Tax Credit – Defined Amount - Owner’s Policy
The ALTA 40.1 endorsement is the same in concept to the ALTA 40, however, the ALTA 40.1 contains an
additional defined term in Section 2.c. for “Additional Amount of Insurance, “a term used to define an
amount that is in addition to the Amount of Insurance in Schedule A of the policy, and which applies
only to loss or damage payable to the Tax Credit Investor under the endorsement. The insurance
coverage provided, and exclusions and conditions are the same as in the ALTA 40. This endorsement
is available for owner’s policies only.
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