what is down date endorsement
Down Date (Form T-3) â Available only for a Mortgagee Policy issued in connection with a construction loan and in the amount of the construction loan. The effective date of the Mortgagee Policy is brought forward to a more current date. There is a charge of $50.00 as each down date endorsement is issued.Environmental Protection Lien (Form T-36) â Applies to residential property only. It is also available for apartment complexes where the use is strictly residential. There is a $25.00 charge for this endorsement.own Date (Form T-3) â Available only for a Mortgagee Policy issued in connection with a construction loan and in the amount of the construction loan. The effective date of the Mortgagee Policy is brought forward to a more current date. There is a charge of $50.00 as each down date endorsement is issued.