Explaining the Anti-Taint Endorsement

Explaining the Anti-Taint Endorsement

08/14/2024 11:49 AM       Mark Goodman

There are many ALTA endorsements that can be utilized to enhance a commercial title insurance policy. In this article, we are going to briefly explain the anti-taint endorsement and talk about when it can be used when underwriting commercial title insurance.

Anti-Taint Endorsement

This endorsement is used when a mortgage secures both a revolving credit facility and a term loan facility. It provides a lender with protection against loss as to priority of the term loan facility because of the reductions and subsequent increases of the revolving loan facility.

This endorsement is available in a lender’s policy but not an owner’s policy.

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