(American Land Title Association) A type of title insurance policy issued by title insurance companies which expands the risks normally insured against under the standard policy to include unrecorded mechanic’s liens; unrecorded physical easements; facts a...
An owner’s extended coverage policy that provides buyers and owners the same protection the ALTA policy gives to lenders. ALTA stands for American Land Title Association. An ALTA policy is a type of title insurance issued by title insurance companies. This...
A type of acceleration clause, calling for a debt under a mortgage or deed of trust to be due in its entirety upon transfer of ownership of the secured property. For example, if a homeowner with a mortgage transfers their property to another party, the lender may...
Adverse possession is a legal concept that, in certain situations, allows one party who is occupying another party’s land to take legal ownership of that land. This concept originated in medieval English common law; it intended to make sure that land that was being...
Are you about to take the Arizona Real Estate Salesperson Licensing Exam? If so, you might want to pump the brakes and study some new material before doing so. The Arizona Department of Real Estate released a significant amount of new exam topics in Q4 of 2025, topics...
