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The American Land Title Association Regulates Title Insurance

Founded in 1907, the American Land Title Association (ALTA) is the national trade association that represents and defends the title insurance industry. Headquartered in Washington DC, this association is responsible of improving the quality and business atmosphere of their members related to title insurance. In addition, ALTA has promulgated a series of standardized forms for the conditions and terms of title insurance policies in order to regulate better this service in the market. Although these forms are adopted in the majority of states in the country, some states have their own regulation forms. However, they are not so dissimilar to the ALTA forms.

In addition, ALTA members look for, evaluate and insure land titles to protect mortgage lenders and home buyers who invest in real state. Among its members you will find builders, attorneys, developers, real state brokers, lenders, surveyors, consultants and related national trade associations. All join hands looking for efficient and safe transfer of real state insisting on high standards. Also, they seek to eliminate risk before insuring in order to avoid consumers land title problems. For this reason, the association promotes many information activities and it is in touch with Congress to defend their position on legislative and regulatory matters.

Therefore, the title insurance industry can be confident that its interests are well protected by a great association as the ALTA. Finally, the main mission of the association is to always enhance the knowledge and skills of providers in the real state transaction and other land title services for benefit of the consumers across the country.

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