ALTA definition

ALTA. The American Land Title Association or any successor thereto.
ALTA means American Land Title Association, or any successor thereto.
ALTA means the American Land Title Association.

Examples of ALTA in a sentence

  • Seller agrees to share equally with Buyer the closing agent costs and the cost of a title insurance company’s commitment and standard ALTA form owner’s policy (except survey matters) to the Property, showing a marketable title vested in Seller, subject to easements, restrictions, covenants, and other matters of record.

  • An Owner's title insurance policy and Class A-2 ALTA survey, satisfactory to the Developer, in its sole discretion, shall have been obtained by the Owner which confirms that there are no exceptions or conditions which would render title to the Property unmarketable or which will prohibit or restrict the construction or operation of the Project or which would prevent an institutional lender from closing a construction or permanent mortgage loan for the Project in the usual course of its business.

  • The escrow/title company shall review the escrow instruction provided by the Program lender and shall issue a California Land Title Association (CLTA) and the American Land Title Association (ALTA) after closing.

  • The ALTA is issued to each lender providing additional coverage for the physical aspects of the property as well as the homebuyer’s title failure.

  • The Program lender instructs the escrow/title company in the escrow instructions as to what may show on the policy; the amount of insurance on the policy (all liens should be covered) and the loss payee (each lender should be listed as a loss payee and receive an original ALTA).


More Definitions of ALTA

ALTA means American Land Title Association.
ALTA. The American Land Title Association or any successor thereto. Appraisal: A written appraisal of a Mortgaged Property made by a Qualified Appraiser, which appraisal must be written, in form and substance, acceptable to Xxxxxx Xxx and Xxxxxxx Mac standards, and satisfy the requirements of Title XI of the Financial Institution, Reform, Recovery and Enforcement Act of 1989 and the regulations promulgated thereunder, in effect as of the date of the Appraisal.
ALTA means the American Land and Title Association.
ALTA. American Land Title Association.
ALTA means the Alta Irrigation District.
ALTA means Alta Communications VIII, L.P., Alta-Comm VIII S by S, LLC, Alta Communications VIII-B, L.P., Alta VIII Associates, LLC, California State Teachers’ Retirement System, UnionBanCalequities, Inc. and BancBoston Investments Inc., and their respective successors and assigns.
ALTA has the meaning set forth in Section 6.17.