2015 Aitkin County Abstract Company. All rights reserved.
Full Alta Lenders Policy
A full coverage policy insures the lender against loss due to unknown defects in
title and ensures that the lender has a valid and enforceable lien on the insured
Full Alta Owners Policy
A full coverage policy that insures the owner of a property against title defects
that existed prior to the issuance of the policy. For a one-time premium, the policy
covers financial losses up to the amount of the policy and the full cost of any legal
defense of your title when valid claims are filed for as long as you own the property.
A limited coverage policy showing outstanding encumbrances against a property. This
policy is usually used for second mortgages. This policy is designed for one-four
family residential properties and can not be used for commercial properties or bare
An uninsured report (O & E Report) is available which identifies the current owners
of a property and existing encumbrances.
Provides a non-surveyed drawing of residential properties based on physical inspections
and an inspection report identifying various characteristics of the property.