American Land Title Association - ALTA

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DEFINITION of 'American Land Title Association - ALTA'

A trade association representing the title insurance industry. Founded in 1907, the American Land Title Association also focuses on a property's abstract of title, which ties the history of the title to a particular piece of real estate. The organization seeks to improve industry oversight and to protect consumers.

INVESTOPEDIA EXPLAINS 'American Land Title Association - ALTA'

Members of the ALTA agree to a code of conduct that outlines ethical business practices, including operating in a legal and compliant manner that is fair to the consumer. The Land Title Institute (LTI), a subsidiary of ALTA, offers educational training in the industry.

RELATED TERMS
  1. Chain Of Title

    The official record of ownership of a property or asset. The ...
  2. Abstract Of Title

    A brief history of the titles for a piece of land. The abstract ...
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  5. Title

    The right to the ownership and possession of any item that may ...
  6. Cloud On Title

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