ATG COMMON ENDORSEMENTS CHART (April 2000)
This chart includes selected endorsements. Contact the Underwriting Department if you receive a request for an endorsement that is not shown here.
Endorsement Name ATG No. ALTA† No. CLTA† No. Policy Underwriting Guidelines‡ PF†
Access 263     OPA/MPA Determine that property abuts a physically open public road and that permission to access road from property has been obtained from the transportation authority. X
Balloon Mortgage 1 246     MPA May be issued only with Fannie Mae’s Form 3180 or Freddie Mac’s Form 3191, Multi-State Balloon Rider with Conditional Right to Refinance. X
Commercial Environmental Protection Lien 242     MPA Contact ATG for permission to issue this endorsement.  
Comprehensive 1* 208     MPA Examine Covenants, Conditions, or Restrictions (CCRs) in deeds, declarations, subdivision plat, etc., to ensure that they contain nothing that will impair the mortgage lien. Determine whether there are any violations of the CCRs. Verify that future violations of the CCRs will not impair the mortgage lien or title to the land. Examine survey or Affidavit in Lieu of Survey (where appropriate) for encroachments and easements. Raise exceptions for violations of CCRs and encroachments. Determine whether encroachments onto adjoining land and onto easements may be insured over. X
Condominium Blanket 1* 214 4 115.1 MPA Review condominium plat, declaration, and bylaws to determine compliance with endorsement provisions and compliance with the state’s condominium law. Verify that there are no violations of any restrictive covenants and no forfeiture or reversion of title provision. Obtain letter from condo association regarding preemptive rights and assessments. Verify that common elements are taxed as separate parcel. Verify that any encroachments can be insured over. X
Condominium Blanket 2* 261 4.1   MPA See guidelines for Condominium Blanket 1 above.  
Conformity (WI) 265-WI     OPA Issue this endorsement with every OPA in Wisconsin.  
Date Down 1 216     OMC Issue to make corrections to OMC. Conduct a search if extending the effective date of OMC. X
Date Down 2 217     OPA/MPA Issue to make corrections to policy. Conduct a search if extending the effective date of OPA/MPA. If extended coverage provided on OPA/MPA, update documentation obtained to provide extended coverage. X
Encroachment Note 219     OPA/MPA Consult Underwriting Manual for specific guidelines. X
Endorsement Against Loss - Encroachment 218     MPA Consult Underwriting Manual for specific guidelines. X
Endorsement Against Loss - Liens or Encumbrances 220     OPA/MPA Issue to insure over liens. Consult Underwriting Manual or contact ATG for approval. X
Environmental Protection Lien 221 8.1 110.9 MPA Issue only for residential property (1-6 residential units). If the title search reveals any evidence of an environmental problem, contact ATG for approval to issue. X
Form E 223     OPA/MPA Multi-purpose blank endorsement. Issue to make corrections to policy, modify policy language, and create endorsements. Contact ATG for approval to issue. X
Gap Coverage 270     OPA/MPA Requires clean judgment/lien search, Affidavit of Title executed by seller, financial integrity of seller, later date search prior to closing, and possibly personal undertaking from seller. X
Homestead Subordination 256     MPA Issue where titleholding spouse executes purchase money mortgage, which nontitleholding spouse does not sign. X
Inflation 225     OPA Issue only on residential property (1-6 residential units). X
Legal Description 229     OPA/MPA Determine that the legal description in Schedule A and the legal description in the deed or mortgage describe the same land. X
Location 1 230   116 OMC/MPA Issue for subdivided land. Determine the street footage, depth of property, mailing address and type of structures on land. X
Manufactured Housing Unit 224 7 116.5 OPA/MPA Determine that the manufactured housing unit is permanently attached to the land. Raise exception for tax assessment. X
Planned Unit Development 1* 234 5 115.2 MPA Examine CCRs to ensure that there are no violations and no possibility of forfeiture or reversion. Examine current survey. Obtain letter from managing association regarding preemptive rights and assessments. Raise exceptions as necessary. X
Planned Unit Development 2 260 5.1   OPA See guidelines for Planned Unit Development 1 above.  
Restrictions, Encroachments & Minerals* 235 9 100.2 MPA Do not issue if: commercial property, greater than one acre, or mineral estate has been severed and owner of mineral estate has surface rights. Examine CCRs for information regarding forfeiture or reversion, assessments, preemptive rights, options to purchase, or other matters that could take priority over the mortgage. Determine that there are no violations of the CCRs. Review current survey or Affidavit in Lieu of Survey (where appropriate). Review subdivision plat and declaration for easements and building setbacks. Identify encroachments and violations of CCRs and determine whether they can be insured over. Raise exceptions as necessary. X
Revolving Credit 1 236     MPA Review mortgage, note, riders and finance agreement to verify that they describe a revolving credit arrangement in compliance with state law. Do not issue for a future advances mortgage. X
Revolving Credit 1 (WI) 236-WI     MPA See guidelines for Revolving Credit 1 above.  
Standard Exception Waiver 1*(Residential Policy) 238     OPA Obtain and review ALTA Statement, current survey, and special assessment/tax search. Raise exceptions as necessary. X
Standard Exception Waiver 2*(Commercial or Vacant Property) 247     OPA Obtain and review ALTA Statement, ALTA Survey, utility letters, and special assessment/tax search. Raise exceptions as necessary.  
Survey 262     OPA/MPA Determine that legal description in Schedule A and legal description in the survey describe the same land.  
Variable Rate Mortgage 243 6 111.5 MPA Review mortgage, note, and riders to verify that they contain a variable rate feature that does not violate federal or state law. X
Variable Rate Mortgage - Negative Amortization 203 6.2 111.8 MPA See guidelines for Variable Rate Mortgage above. X
Variable Rate Mortgage - Regulations (WI) 269-WI 6.1 111.6 MPA See guidelines for Variable Rate Mortgage above. X
*Great caution should be used when issuing this endorsement. It exposes ATG to considerable liability. Consult the endorsement instructions or contact the Underwriting Department for a complete discussion of the requirements necessary to issue this endorsement.

†ALTA - American Land Title Association; CLTA - California Land Title Association; PF - Available in ProFUND.

‡The underwriting guidelines provided here are abbreviated. Consult the endorsement instructions or contact the Underwriting Department for a complete discussion of the requirements necessary to issue the endorsement.

 

 

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