American Land Title Association (ALTA) policy

Definition

A title insurance policy that protects the interest in a collateral property of a mortgage lender who originates a new real estate loan. ALTA promotes uniformity and quality in title abstract and title insurance policies.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
American Insurance Association American Municipal Bond Assurance Corporation