Bulletin: IN2018001

Date:
April 06, 2018
To:
All Indiana Issuing Offices
RE:
RATES AND/OR FORMS UPDATE - NEW ALTA FORMS APPROVED

Dear Associates:

The following new ALTA forms are now available for use in Indiana effective Monday, April 9, 2018: 

  • ALTA Short Form Commitment for a Short Form Residential Loan Policy (009-UN) (12/01/17). Please note that the "Notice" provision should be included in the form. 
  • ALTA Expanded Coverage Residential Loan Policy - Assessments Priority (M-9221) (04/02/15) 
  • ALTA Short Form Expanded Coverage Residential Loan Policy - Assessments Priority (U-9223) (04/02/15) 
  •  ALTA Form 9.6.1-06 Private Rights - Current Assessments - Loan Policy (E-9226) (04/02/15) 
  •  ALTA Form 18.2-06 Multiple Tax Parcel (E-9233) (08/01/16) 
  •  ALTA Form 19.2-06 Contiguity - Specified Parcels (E-9227) (04/02/15) 
  •  ALTA Form 23.1-06 Co-Insurance - Multiple Policies (E-9234) (08/01/17) 
  •  ALTA Form 28.3-06 Encroachments - Boundaries and Easements - Land Under Development (E-9228) (04/02/15) 
  •  ALTA Form 36.7-06 Energy Project - Fee Estate - Owner's Policy (E-9275) (12/01/14) 
  •  ALTA Form 36.8-06 Energy Project - Fee Estate - Loan Policy (E-9276) (12/01/14) 
  •  ALTA Form 40-06 Tax Credit - Owner’s Policy (E-9296) (04/02/14) 
  •  ALTA Form 40.1-06 Tax Credit - Defined Amount - Owner’s Policy (E-9297) (04/02/14) 
  •  ALTA Form 45-06 Pari Passu Mortgage - Loan Policy (E-9277) (12/01/14) 
  •  ALTA Form 46-06 Option (E-9278) (08/01/15)

As a reminder, other forms or versions of these forms should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.

Please remember to contact Property Info Customer Care or your title production software vendor to get the new forms implemented in your system.

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.