American Land Title Association - ALTA

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.

BREAKING DOWN '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.

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