Mortgages must be covered by an acceptable title insurance policy. May 2017. Title insurance protects a title holder from some pretty scary potential problems. Owners Title Insurance Policy. Within thirty (30) days after Closing, Sellers attorney shall cause an A.L.T.A. The Extended or American Land Title Association. CLTA Policy” used to mean less coverage than.
American Land Title. Association (ALTA). That is why we offer the First American. Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property.
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