What does "ALTA" stand for?

Prepare for the Oklahoma Land Survey Test. Study with interactive questions, each offering comprehensive explanations. Ensure success on your exam!

"ALTA" stands for the American Land Title Association. This organization is a national trade association that represents the land title insurance industry in the United States. It plays a crucial role in promoting standards and best practices for title insurance and regulation while providing education and resources for practitioners in the land title industry. The emphasis on standardization enhances transparency and security in real estate transactions.

The other options do not accurately reflect the name of the organization. For instance, while there are associations related to land and title issues, terms like "Land Trust" or "Land Title Agents" might suggest similar areas of concern, they do not denote the accepted standard organization within the industry, nor do they encompass the breadth of coverage and influence that the American Land Title Association has in land title practices.

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