There are many endorsements that may be beneficial to include in a commercial title insurance policy. In this article, we are going to discuss non-imputation endorsements and how they can be incorporated into a commercial title insurance policy.
What are the Non-Imputation Endorsements?
This endorsement is used to protect the Insured, or specific named parties, from loss resulting from knowledge of specific parties, imputed to the protected parties as a matter of law. The protection is generally requested when the Insured is an entity, where the members of the entity have unequal day-to-day involvement in running the business. This is usually issued as a part of an Owner’s Policy, but could be issued on a Loan Policy.
Non-imputation endorsements are available to be used in owner’s and lender’s title insurance policies.
Your Commercial Transaction is Our Business
At Commercial Partners Title Company, your commercial transaction is our business. We have been working in the commercial title industry for many decades. During our time in business, we have developed a hard-earned reputation for being experts in all things related to commercial title transactions. Our team is composed of a wide array of experts, including: title searchers, title closers, escrow agents, underwriters, and more. Contact our team of commercial title professionals today to learn more about the commercial title process and get things started with your next commercial transaction.