Bulletin: IN2010004

Date:
July 13, 2010
To:
All Indiana Issuing Offices
RE:
Indiana State Tax Warrants

Dear Associates:

We have recently been advised that each county in the State of Indiana was given a list of state tax warrants dating from 2006 forward that were not previously entered into the county judgment records.  We have also been informed that the tax warrants on the list are being back-dated to the assessment date when they are entered into the county judgment books and electronic records as if the judgments were properly entered at the time of assessment.  We have been told that the Clerks are trying to find a way to remedy this problem.  Indiana Land Title Association industry representatives are also working to resolve this issue.  Until this matter is resolved, you need to include the following exception in all new and pending commitments: 

This policy does not insure against any loss or damage arising out of tax warrant liens filed in the Clerk’s office of (County Name goes here). 

We will keep you informed of any further developments.

If you have questions relating to this or other bulletins, please contact your local underwriting personnel or Stewart Legal Services.

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:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None