Title Insurance for Purchasers (Commercial Real Estate) (IL) | Practical Law

Title Insurance for Purchasers (Commercial Real Estate) (IL) | Practical Law

A Practice Note providing an overview of title insurance available to purchasers of commercial real estate in Illinois. This Note discusses Illinois title insurance law and describes the 2006 American Land Title Association (ALTA) forms of title commitment, owner's title policy, endorsements, and closing protection letters. It also generally discusses title coverage, including co-insurance and reinsurance.

Title Insurance for Purchasers (Commercial Real Estate) (IL)

Practical Law Practice Note w-026-8681 (Approx. 22 pages)

Title Insurance for Purchasers (Commercial Real Estate) (IL)

by Practical Law Real Estate
MaintainedIllinois
A Practice Note providing an overview of title insurance available to purchasers of commercial real estate in Illinois. This Note discusses Illinois title insurance law and describes the 2006 American Land Title Association (ALTA) forms of title commitment, owner's title policy, endorsements, and closing protection letters. It also generally discusses title coverage, including co-insurance and reinsurance.