ALTA Best Practices

ALTA Best Practices

 

The America Land Title Association (ALTA) created best practices to help members highlight the policies and procedures we as an industry utilize to protect our customers. At CB Title, we fully comply with each and every one of these practices to help you close with confidence.

 

  1. Establish and maintain current License(s) as required to conduct the business of title insurance and settlement services.

 

  1. Adopt and maintain appropriate written procedures and controls for Escrow Trust Accounts allowing for electronic verification of reconciliation.

 

  1. Adopt and maintain a written privacy and information security program to protect Non-public Personal Information as required by local, state and federal law.

 

  1. Adopt standard real estate settlement procedures and policies that help ensure compliance with Federal and State Consumer Financial Laws as applicable to the Settlement process.

 

  1. Adopt and maintain written procedures related to title policy production, delivery, reporting and premium remittance.

 

  1. Maintain appropriate professional liability insurance and fidelity coverage.

 

  1. Adopt and maintain written procedures for resolving consumer complaints.

 

Visit alta.org to learn more.

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