Bulletin: CA000015

Date:
August 31, 1994
To:
Region E Advisory Title Officers
RE:
Recorded Document Guarantee

Dear Associates:

Please be advised that when issuing a recorded document guarantee for a customer doing environmental due diligence, that in instances where the designated documents to be reported are leases or sub-leases, mortgages/deeds of trust, environmental protection liens recorded pursuant to CERCLA or all documents as marked on the guarantee, the general index must be run for those matters. There may be an instance where a street address or a poor legal description is reflected on the document and, therefore, cannot be posted to a specific account and are instead posted to the general index. Please make certain that title officers who are issuing the recorded document guarantee run the general index.

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:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
CLTA Recorded Document Guarantee (05/16/90) 27