There are a wide range of endorsements available for use in commercial title insurance policies – each with their own benefits. In this article, we discuss the street assessments endorsement and when it’s appropriate to use in a commercial title insurance policy.
Street Assessments Endorsement
This ALTA loan policy endorsement can be used to provide specific coverage against any street assessment liens as of the Date of Policy which are not specifically excepted in Schedule B taking priority over an insured mortgage.
This endorsement is available in a lender’s policy but not an owner’s policy.
Commercial Partners Title – Your Experts in Commercial Transactions
At Commercial Partners Title Company, we are your experts in commercial transactions. We’ve built up that reputation over several decades working in the commercial title insurance industry. Our team has more than 200 years of combined experience working on commercial title transactions large and small. Contact us today to set up an appointment to chat about your next commercial transaction. No matter where your property is located in the US, we are ready and able to help with all your commercial title needs!