Glossary of Endorsements

ENDORSEMENT FORM 116

Provides lender with assurances as to designation and street address of improvements located on the security land.


Endorsement Form 116, when completed and attached to a loan policy, additionally provides the lender with the following assurances:

1. that there is located upon the security land a designated improvement (e.g., “a residence”); and
2. that the improvement has been assigned and is known as a particular street address.