Guideline: ALTA Endorsement 47.3

Organizational Guidelines

Guideline: ALTA Endorsement 47.3

Guideline Document
V 9

Explanation:

This endorsement to the 2015 Expanded Coverage Residential Loan Policy clarifies the definitions for “State” and “Tribe”.  It also modifies the Choice of Law and Choice of Forum provisions in Condition 16.  Exclusions related to Public Records and the reference of an Insured Mortgage to State law are included in Paragraph 3 of the Endorsement.

Underwriting Requirements:

This endorsement requires the approval of a Stewart Title Guaranty Company underwriter.

The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.