Endorsement 13-06 (Leasehold-Owners), TIRBOP 1130, is attached to which type of policy?

Endorsement 13-06 (Leasehold-Owners), TIRBOP 1130, is specifically designed to be attached to an Owner's Policy. This type of endorsement addresses the unique interests of lessees by providing coverage for leasehold estates. An Owner's Policy protects the rights of the property owner, which includes those interests tied to a leasehold.

When a property is subject to a lease, the lessee may have rights and interests that need to be protected, especially in the event of a title defect or dispute. Endorsement 13-06 acknowledges this by extending the coverage of the Owner's Policy to safeguard the leasehold owner's rights, ensuring they are protected during ownership, similar to how a fee-simple owner's rights would be protected.

The other options do not align with the function of Endorsement 13-06. A Lender's Policy primarily protects the mortgagee's interests, focusing more on the lender's security rather than the owner's rights related to leasehold estates. A Title Policy is a general term and could refer to either an Owner's or Lender's Policy but lacks the specificity required for this endorsement. A Subordination Policy, on the other hand, relates to the priority of liens rather than