Get Alta Information Collection Form

Completing the Alta Information Collection Form online is an essential step for title insurance companies to comply with reporting obligations. This guide will provide you with straightforward steps to help you navigate through each section of the form with ease.

Follow the steps to successfully complete the form.

1. Press the ‘Get Form’ button to access the Alta Information Collection Form and open it for editing.
2. Begin by filling out the personal details of the person completing the form, including their name, position, address, contact information, and the company or law firm they represent.
3. Provide transactional information, such as the property address, date of settlement, total purchase price, transaction type (residential or commercial), bank financing status, and purchaser type.
4. In the purchase funds information section, indicate the total amount paid and the types of monetary instruments used for the transaction, checking the appropriate boxes for each.
5. Fill out the individual primarily representing the purchaser by entering their information, attaching a legible copy of government-issued identification as required.
6. If the purchaser is a corporation, LLC, partnership, or other legal entity, provide details for each beneficial owner holding 25% or more of equity interests.
7. For trusts, include information for the trustee, settlor, and each beneficiary. Like before, ensure to attach identification where necessary.
8. Finally, review all entered information for accuracy and completeness. Users can then save changes, download, print, or share the completed form.

Take action now by completing the Alta Information Collection Form online to ensure compliance with reporting obligations.