American Land Title Association Alta | Real Estate Glossary

Definition of "American Land Title Association (ALTA)"

It fosters uniformity and quality in title abstract and insurance policies.

Same as term Close Corporation Plan: prior arrangement for surviving stockholders to purchase shares ...

Probability of one's living to a specific age according to a particular mortality table. Life expect ...

Sample in which the relative sizes of the subpopulation samples are selected in such a manner as to ...

Total amount of insurance that an insurer will write on any specific city block. Such a limit will r ...

Sewer whose sole purpose is o carry away domestic waste water. ...

Risk that substantially fails to meet the requirements OF INSURABLE RISK. ...

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

RealEstateAgent.com calculator estimates the tax benefit of buying a home. Input your loan parameter ...

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