It can be difficult to determine which endorsements are needed for your particular commercial transaction. In this article, we discuss the subdivision endorsement – what it is and when it can be utilized in commercial title insurance.
Subdivision Endorsement
The ALTA subdivision endorsement insures an insured owner or lender that the land described in the policy complies with state statutes and city or county ordinances regarding the subdivision or platting of land and that the land can be conveyed using the description in the policy.
This endorsement is available in both a lender’s and owner’s policy.
Contact Commercial Partners Title Company
Contact Commercial Partners Title Company today for help with your commercial real estate transaction. Our team (which includes title closers, escrow agents, underwriters, attorneys, and more) is here to help you through all the stages of your commercial real estate transaction. We have a combined 200+ years of experience among our staff. That’s the kind of experience you can count on. We also have an unwavering commitment to customer service. We will partner with you throughout the entire course of your commercial transaction.