Waiver of arbitration endorsement 2026

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  1. Click ‘Get Form’ to open the waiver of arbitration endorsement in the editor.
  2. Locate the section labeled 'Attached to and made a part of Policy Number: {POLNO}'. Enter your specific policy number in the designated field.
  3. Review the conditions being deleted based on your policy type. If applicable, ensure that you check either Condition 13, 14, or 12 as indicated for ALTA Loan Policy, ALTA Owner’s Policy, or TIRSA Owner’s Extended Protection Policy respectively.
  4. In the 'IN WITNESS WHEREOF' section, input the current date in the '{DATE}' field to validate your endorsement.
  5. For signing, enter your name in the '{NAME}' field and ensure that you have a designated signatory if required. Use our platform's signature feature for a seamless signing experience.

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[1] In the context of arbitration, waiver occurs when a party consciously and intentionally gives up its right to arbitrate a particular dispute, thereby choosing litigation as the preferred method of dispute resolution.
IT PROVIDES THAT EITHER YOU OR WE CAN REQUIRE THAT ANY DISPUTES BE RESOLVED BY BINDING ARBITRATION. ARBITRATION REPLACES THE RIGHT TO GO TO COURT, INCLUDING THE RIGHT TO A JURY TRIAL AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING.
Explanation: This endorsement to a Loan or Owners Policy insures that a designated improvement is located on the Land and the improvement is known as a particular street address. Endorsement 22-06 can be issued with a 2006 form or a 2021 ALTA Loan or Owners Policy.
Purpose Of Endorsement: This endorsement deletes the arbitration clause (Conditions and Stipulations, Section 14 in Owners Policies, and Section 13 in Loan Policies).
Similarly, if the lighting fixture fell on the tenants expensive, antique table, the waiver of subrogation prevents the tenants insurance company from asserting a claim against the landlord for the amount paid to the insured for the damage to the table.

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