There are many ALTA endorsements that can be utilized to enhance a commercial title insurance policy. In this article, we are going to briefly explain the anti-taint endorsement and talk about when it can be used when underwriting commercial title insurance.
Anti-Taint Endorsement
This endorsement is used when a mortgage secures both a revolving credit facility and a term loan facility. It provides a lender with protection against loss as to priority of the term loan facility because of the reductions and subsequent increases of the revolving loan facility.
This endorsement is available in a lender’s policy but not an owner’s policy.
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