Page 50 - ALTA Endorsements Guide
P. 50
ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS
ALTA 9.3-06
Covenants, Conditions and Restrictions – Loan Policy
The ALTA 9.3 provides coverage to lenders for certain items of loss pertaining to Covenants. The
endorsement uses the defined term “Covenant” to refer to a condition, restriction, limitation and
covenant in effect in a document at Date of Policy. An insured lender is covered as to loss of priority,
enforceability and validity of an insured mortgage or loss of title after foreclosure because of
violation of a Covenant. It also covers loss as a result of any current violation of a Covenant or forced
removal of an improvement as a result of an encroachment onto a setback line and violations of
environmental protection laws unless a notice of violation is recorded. This endorsement is available
for loan policies only.
Visit us online at: oldrepublictitle.com/ncs 50
