OH ALTA Endorsement 15-06 (Nonimputation - Full Equity Transfer) (06-17-06)

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OH ALTA Endorsement 15-06 (Nonimputation - Full Equity Transfer) (06-17-06)

Form Document
08/15/2019
V 2

[Entity as the named Insured and vestee of the insured estate or interest identified in Schedule A]

ENDORSEMENT
Attached to Policy No. __________
Issued by
STEWART TITLE GUARANTY COMPANY 

The Company agrees that it will not assert the provisions of Exclusions from Coverage 3(a), (b), or (e) to deny liability for loss or damage otherwise insured against under the terms of the policy solely by reason of the action or inaction or Knowledge, as of Date of Policy, of

[identify exiting or contributing partner(s) of the insured partnership entity, member(s) or manager(s) of the insured limited liability company entity, or officer(s) and/or director(s) of the insured corporate entity] 

whether or not imputed to the Insured by operation of law, provided 

[identify the “incoming” partners, members, or shareholders] 

acquired the Insured as a purchaser for value without Knowledge of the asserted defect, lien, encumbrance, adverse claim, or other matter insured against by the policy.

[Witness clause optional]

STEWART TITLE GUARANTY COMPANY 

By: _______________________________________ 

Authorized Signatory

  

No guidelines are available for this form at this time.