Security Title Endorsement Guide
ASSIGNMENT OF RENTS OR LEASES
ALTA 37-06 (12-03-12)
Lenders occasionally request that the loan policy insure certain recorded interests that are taken
as additional security for the loan primarily secured by the Insured Mortgage. The most common
additional security, other than a security interest under the Uniform Commercial Code, is an
assignment of rents or leases.
This endorsement is issued to provide certain coverages with respect to a separate assignment of
rents or leases shown in Schedule B, Part II of the policy. This endorsement provides insurance
that the assignment of rents or leases is properly executed, and that the Public Records do not
disclose any prior assignments of these same rents or leases.
These endorsements do not amend or modify any specific policy provisions, but add additional
coverage to the terms of the policy.
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