The CLTA policy is usually
referred to as the "standard form policy" and
is generally intended to insure the owner
of residential real estate. This policy has
the most basic coverage compared to the other
two policies used in this survey insofar
as the policy generally insures matters that
are disclosed in public records, and excludes
most matters not disclosed in the public
records. However, some off-the-public-record
matters that the CLTA form does insure include
forgery, lack of capacity, or non-delivery
of the deed.
