Definition: American Land Title Association Policy covers the lender’s interest and extends more coverage than a regular owner’s title policy. Its expanded coverage includes items not found in the public records.
At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.
Also Known As: Lender's Title Insurance Policy
Examples:
Title Insurance companies issue A.L.T.A. policies for lenders and owner's coverage policies for buyers.
