Title insurance endorsements can help tailor your title policy to fit the unique needs of your property. There are a wide range of endorsements that may be useful when underwriting title insurance. This article will describe the benefits and uses of the ALTA 25 series survey endorsements.
Survey Endorsements
The Survey Endorsement insures an insured owner or that a specific survey covers the same land as is insured in the Title Policy. The coverage given by this endorsement goes beyond the coverage given by deleting the standard survey exception from the policy in that it affirmatively insures the accuracy of the survey. The ALTA 25.1-06 is used when the survey covers more than the insured property.
The survey endorsement is available in both a lender’s policy and an owner’s policy.
Commercial Partners Title Company is Here to Help
If you are working through the details of a commercial real estate transaction, Commercial Partners Title Company is here to help. Our team will guide you through all the stages of your commercial transaction and make sure you fully comprehend everything that’s happening every step of the way. Reach out to our team of title underwriters, closers, and escrow agents to learn more about our services and to find out if we are a good fit for your next commercial real estate transaction. Find us at our main office located in downtown Minneapolis.