ALTA Policy Forms Update

The ALTA Board of Governors on Feb. 9 approved a recommendation to adopt revisions to the 2021 ALTA Forms Collection, as well as the approval of a new Collateral Assignment endorsement.

The projected effective date for these changes is April 2. These forms are currently posted for industry comment through March 22 and are subject to change before final publication.

2021 ALTA Forms Collection: Revisions to Forms and Endorsements

  • Short Form ECRLP Policies (Assessment Priority and Current Assessments versions): The revision will resolve problems with incorporating a state statute as an exception, by reference to Schedule B in the updated versions. The revised version enables the incorporation of the appropriate state statutes directly by incorporating Endorsement 8.1 (Environmental Protection Lien).
  • Endorsement 3.3 (Zoning – Completed Improvement – Non-Conforming Use): This revision is designed to address coverage for a permitted non-conforming improvement, coverage for specified zoning classification, and to allow for the checkbox selection of the specific zoning matters that will be covered if removal or alteration results, rather than automatic inclusion of a blanket list of covered zoning matters.
  • Endorsement 42 (Commercial Lender Group): The revision is needed for alignment with the 2021 Forms Collection. It replaces what is now an incorrect reference to a base policy provision in the 2021 collection with the new defined term “Obligor.”

Policy forms 22021 New ALTA Endorsements

  • Endorsement 10.2 (Collateral Assignment) and Endorsement 10.3 (Collateral Assignment and Date Down): The new Endorsements 10.2 and 10.3 are designed to address collateral assignments of an insured mortgage.
  • These forms may be downloaded at in the section titled “For Public Comment | Recently Adopted Forms – Not Published” and comments may be submitted to

As always, the forms have been developed by the ALTA Forms Committee and approved by the ALTA Board. An opportunity to review and comment is extended to ALTA Members, Policy Forms Licensees, and industry customers before final publication.

Technical Corrections

The following technical corrections to the ALTA Forms Collection have been released following a review from the ALTA Forms Committee review. The corrections are projected to be effective April 2.

  • Endorsement 14.0, 14.1, 14.2, 14.3: Opinions from industry expressed that the ALTA 2021 14-series endorsements with the current wording in their definition of “Advances” could be interpreted to limit interest to only amounts expended to prevent deterioration of the property. The Forms Committee decided to clarify the language by replacing two semi-colons with commas to clarify that the application of the interest is not limited to the single item, but to all advances.

The pending technical corrections to the ALTA 14-series endorsements are available at in the “Technical Corrections – Effective April 2, 2024” section, along with a single redline document reflecting the change being made to the four endorsements.