August, 2006: IRPF Plans for Future Collaboration with ALTAAug 23, 2006: IRPF & ALTA Form Alliance
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CHICAGO (August 23, 2006) - - The International Real Property Foundation (IRPF) recently entered into a Strategic Alliance Agreement with the American Land Title Association (ALTA), IRPF announced today.

Combining expertise in the titling and insurance industries with knowledge of land analysis in emerging markets, ALTA and IRPF hope to work together to create and promote industry standardization. Joe Hanauer, IRPF Chairman, stated “There is a real synergy between ALTA and IRPF and working together can significantly improve real property market conditions in emerging economies.”

Joint activities may include conducting in-field research, as well as providing training and technical assistance for real estate professionals in international markets. Mark Winter, elected officer of ALTA’s Board of Governors expanded, “We are very enthused with the prospects of entering into a strategic alliance [with IRPF]…and look forward to serving as an effective gateway to expertise on land title services that will benefit many countries.”

Based in Washington, DC, ALTA was founded in 1907 “to improve the skills and knowledge of providers in the real property transaction, effectively advocate member concerns, and standardize products for industry use.” ALTA focuses on direct consumer education and on both federal and state policy and advocacy issues related to real estate transactions.

IRPF, based in Chicago, Illinois, is devoted to creating viable, private real estate markets worldwide which are essential for strong democracies and developing economies. For over 13 years, IRPF has assisted in developing professional real estate associations, provided technical assistance to realty professionals, and created ‘solution packages’ for emerging real estate markets.

For more information on either ALTA or IRPF, please visit their websites at www.alta.org and www.irpf.org, or contact Sylvia Luchini, Managing Director or IRPF at (312) 329-8692.




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