§14.8 - ALTA Closing Protection Letter
| Jurisdiction | Washington |
§14.8 ALTA CLOSING PROTECTION LETTER
A closing protection letter is designed to protect the proposed insured's deposit of funds or documents with an agent of the title insurance company. A sample letter is included on the CD accompanying this deskbook as Form 14-36. Additional versions are on the ALTA website at http://www.alta.org. It is written by the underwriter to the proposed insured (usually a lender), covering acts of the agent outside of the title insurance functions connected with the closing. Typically, the...
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