What does the ALTA represent?

The American Land Title Association (ALTA) represents title insurance companies, their agents, and others involved in the title insurance industry. The primary role of ALTA is to advocate for the industry, provide educational resources, establish standards, and offer best practices for title insurance firms. By focusing on these responsibilities, ALTA contributes to ensuring that real estate transactions are conducted smoothly and securely.

This makes option B the correct answer, as it directly relates to title firms that conduct closings and issue title insurance policies, which are central functions of the title insurance industry the ALTA serves. The organization plays a vital role in shaping policies, promoting ethical practices, and developing technology in the title insurance realm, benefiting both professionals in the field and consumers.

The other options do not accurately represent ALTA's function or purpose. While there are associations for real estate attorneys and other regulatory bodies, ALTA specifically focuses on title insurance rather than encompassing all aspects of real estate law or engineering.