Bulletin: SLS2013005

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Bulletin: SLS2013005

Bulletin Document

V 1

Date: January 17, 2013

To: All Issuing Offices

RE: Reminder Bulletins

Dear Associates:

This Bulletin reminds you of your obligations as a policy-issuing representative of Stewart Title Guaranty Company ("Stewart"). In addition to possessing the customary knowledge associated with real estate closings in your jurisdiction, you are required to have specific knowledge of, and comply with, Stewart's underwriting practices, requirements and guidelines. These include, but are not limited to, our Underwriting Manual, Bulletins and Special Alerts. These resources, together with other important information, instructional materials and commonly used forms are contained in Virtual Underwriter, available online at www.vuwriter.com.

Please note the following Bulletins relating to topics of current concern:

SLS00171	Importance of the Positive Pay System
SLS2007007	Insuring Around, Over, or Against Outstanding Enforceable Recorded Defects, Liens, and Encumbrances
CA2007001	Underwriting Bulletin Clarification
SLS2008001	Patriot Act Requirements and the Special Alerts Database [Revised 01/18/12]
SLS2008015	Paying Off Line of Credit Mortgages
SLS2009004	Use of Starters for Title Search [Revised 3-23-09]
SLS2009007	Mechanic’s Liens Recap
SLS2010026	Issuing Authority and Escrow Instructions
SLS2011004	Use of Prior Title Evidence (Starter) for Commercial Transactions
SLS2011005	Disbursement Practices: Good Fund vs. Collected Funds [Revised 04-27-12]
SLS2011007	Short Sale Transactions
SLS2011010	Avoidance of Potential Conflicts of Interest
SLS2011012	Request for Approval (Overlimits) Form
SLS2011017	Stewart Title’s Forgery Watch Award Program
SLS2012001	Privacy Policy Opt Out Option
SLS2012002	2012 Policy Reporting Requirements
SLS2012008	Creditors’ Rights Coverage for the Current Transaction – Reminder
SLS2012009	Date of Policy on Schedule A

Please also note the following Bulletins relating to Mechanic’s Liens During Construction:

MU2010007	Mechanic's Liens Coverage During Construction - Priority if No Lien or Suit Filed when Disbursing (1)
MU2010008	Mechanic's Liens Coverage During Construction - Initial Priority if No Commencement (3)
MU2010009	Mechanic's Liens Coverage During Construction - No Priority (2)

DE2010002	Mechanic's Liens Coverage During Construction
FL2010002	Mechanic's Liens Coverage on Lender's Policies During Construction
GA2010006	Mechanic's Liens Coverage During Construction
IL2010005	Mechanic's Liens Coverage During Construction - No Priority
LA2010010	Mechanic's Liens Coverage During Construction - Initial Priority if No Commencement
MA2010002	Mechanic's Liens Coverage During Construction
MI2010007	Mechanic's Liens Coverage During Construction
NC2010003	Mechanic's Liens Coverage During Construction - Initial Priority if No Commencement
ND2010001	Mechanic's Liens/Construction Liens Coverage During Construction - Priority if No Lien or Suit Filed when Disburse
NJ2010005	Construction Lien Claims in New Jersey
NM2010001	Mechanic's Liens Coverage During Construction - Initial Priority if No Commencement
PA2010009	Mechanic's Liens Coverage During Construction - Initial Priority if No Commencement
TX2010008	Mechanic's Liens Coverage During Construction
VA2010001	Mechanic's Liens Coverage During Construction
WI2010005	Mechanic's Liens Coverage During Construction

As an accommodation, Stewart also distributes Bulletins and Special Alerts electronically. You are encouraged to sign up for electronic distribution of Bulletins and Special Alerts by contacting the Bulletin Coordinator at sylvia.lopez@stewart.com. Please also promptly forward any changes regarding your email address. Please ensure that emails from Stewart are not blocked or misdirected to your spam folder. Please add (sylvia.lopez@stewart.com) to your Address Book and Safe Senders List.

As a reminder, you are responsible for knowledge of and compliance with the information contained in all Bulletins and Special Alerts as posted on Virtual Underwriter (www.vuwriter.com), whether you receive them by electronic distribution or not.

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.

References

Bulletins Replaced:

Related Bulletins:

Underwriting Manual:

Exceptions Manual:

Forms: