Chicago Title Endorsement Handbook - Chicago, IL
Non-ALTA 2006 • 293 ENCROACHMENT ENDORSEMENT (DIMINUTION) Encroachment Endorsement (Diminution) is available only for loan policies. It insures the Insured against a final court order that determines that the value of the Land has diminished as a result of the encroachment. Among the factors which must be considered before this endorsement may be approved are the size of the encroachment, the length of time the encroachment has been in existence and the permanence of the encroaching structure. Encroachment Endorsement (Diminution)
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