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American Land Title AssociationEndorsement 47.2 Operative Law2013 Homeowners Policy 2013 v. 01.00 (04022021) ALTA 47.2 OPERATIVE LAW2013 HOMEOWNERS POLICY ENDORSEMENT This endorsement is issued as
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ALTA 472-06 is an endorsement that provides coverage for lender with respect to the enforcement or foreclosure of the lien of the insured mortgage.
Lenders or financial institutions holding mortgages are required to file ALTA 472-06.
ALTA 472-06 endorsement should be filled out by providing specific details of the insured mortgage and any relevant provisions of the loan agreement.
The purpose of ALTA 472-06 is to provide coverage for lenders in the event of enforcement or foreclosure of the insured mortgage.
The ALTA 472-06 endorsement must include details of the insured mortgage, loan agreement provisions, and other necessary information.
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