CLTA 127-06 Nonimputation - Full Equity Transfer (06-17-06) ALTA 15-06

This form applies to:
  • California
Forms by State
Organization Forms
International

CLTA 127-06 Nonimputation - Full Equity Transfer (06-17-06) ALTA 15-06

Form Document
02/25/2022

[Entity as the named Insured and vestee of the insured estate or interest identified in Schedule A]

ENDORSEMENT
Attached to Policy No.
Issued by
STEWART GUARANTY COMPANY

The Company agrees that it will not assert the provisions of Exclusions from Coverage 3(a), (b), or (e) to deny liability for loss or damage otherwise insured against under the terms of the policy solely by reason of the action or inaction or Knowledge, as of Date of Policy, of

[identify exiting or contributing partner(s) of the insured partnership entity, member(s) or manager(s) of the insured limited liability company entity, or officer(s) and/or director(s) of the insured corporate entity]

whether or not imputed to the Insured by operation of law, provided

[identify the “incoming” partners, members, or shareholders]

acquired the Insured as a purchaser for value without Knowledge of the asserted defect, lien, encumbrance, adverse claim, or other matter insured against by the policy.

[Witness clause optional]

STEWART GUARANTY COMPANY

BY:

No guidelines are available for this form at this time.