The ALTA 2006 policy form primarily serves which type of clients?

The ALTA 2006 policy form primarily serves both homebuyers and lenders, providing essential protections relevant to both parties involved in real estate transactions. This policy offers coverage for various title-related issues that could arise after a property purchase, such as defects in title, encumbrances, or liens that were not discovered during the title search.

For homebuyers, the policy assures them that they are acquiring clear and marketable title to the property, safeguarding their investment against unforeseen claims. For lenders, the ALTA 2006 policy is critical because it protects their financial interest in the property. The policy provides assurance that the property has a clear title, which is essential when the lender is issuing a mortgage.

Thus, the comprehensive nature of this policy form makes it applicable to both homebuyers and lenders, as it aligns with the interests of each group in a real estate transaction. The other options, while relevant to specific aspects of the real estate process, do not encompass the full range of clients represented by the ALTA 2006 policy.