Chicago Title NCS Chicago: SYFCREC 2021

Surviving Your First Commercial Real Estate Closing I ALTA Policy & Endorsements On May 26, 2021, the ALTA Board of Governors approved the 2021 ALTA Policy Forms submitted by the ALTA Forms Committee. The Effective Date of the new 2021 ALTA Forms was July 1, 2021. 2021 Changes New language inserted prior to the Covered Risks Section: “This policy, when issued by the Company with a Policy Number and Date of Policy, is valid even if this policy or any endorsement to this policy is issued electronically or lacks any signature.” (ALTA 39 Endorsement) PACA/PASA exclusion Definition of Terms expanded Conditions expanded or clarified H I GHL I GHT S 35 Surviving Your First Commercial Real Estate Closing I ALTA Policy & Endorsements Thank You 35 36 57