Endorsements: Form 2030-06 Instructions

Form Number/Name

Comt.

Owner’s

Loan

Const.

#[2030-06]: Location Endorsement 1 (ALTA 22-06)

X

 

X

 


NOTES:

Coverage: This endorsement assures the lender of the type of improvement located on the land and the street address of the property.

Procedure: This endorsement may be issued on commitments and Loan Policies. To issue this endorsement, you must have information for your title file about the type of improvement located on the land and the street address of the property. In locations where a boundary survey is not standard procedure (outside Chicago and the collar counties, for residential property), you may rely on the listing agreement, appraisal, real estate tax bill or tax maps to verify this information. Use care in reviewing this information and reconciling conflicting information, as mistakes in the street address are a source of claims. Always confirm with the seller or owner, where possible, that the information you have collected is correct.

Questions? Contact an Underwriter.