Altas financial definition of Altas
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ALTASee American Land Title Association. The acronym is usually pronounced as a word—”all tuh”—and used to describe a particular type of survey or other requirements imposed by the lender at a real estate closing, for example, “The mortgage lender will require an ALTA survey.” Although this expression is common, there is no such thing as “an” ALTA survey.There are various ALTA requirements for a survey,some or all of which might be demanded by a lender.