Street Assessments Endorsements Explained

08/27/2024 05:06 AM Mark Goodman

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.

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