ALTA Best Practices

In its efforts to deliver outstanding customer service and industry compliance standards, Intracoastal Title employs policies and procedures in order to meet with American Land Title Association’s, ALTA, 7 Pillars of Best Practices:

#1: Establish and maintain current licenses and corporate registrations as required to conduct the business of title insurance and settlement services.

#2: Adopt and maintain appropriate written policies and procedures and controls for escrow trust accounts allowing for electronic verification of reconciliations.

#3: Adopt and maintain a written privacy and information security program to protect non-public personal information as required by law.

#4: Adopt standard real estate settlement procedures that help ensure compliance with consumer financial laws and underwriter regulations.

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

#6: Maintain appropriate professional liability insurance and fidelity coverage.

#7: Adopt and maintain written procedures for resolving consumer complaints.