Bulletin: NH2020004

Date:
April 06, 2020
To:
All New Hampshire Issuing Offices
RE:
UNDERWRITING - Supplement to Bulletin NH2020003

Dear Associates: 

The purpose of this bulletin is to supplement the NH Bulletin issued on March 24, 2020, which dealt with temporary authority to perform remote notarization pursuant to Executive Order #11. A copy of that bulletin may be viewed here and shall be read in conjunction with this bulletin.

The above referenced bulletin is supplemented and provides for ADDITIONAL GUIDELINES in order to insure a transaction where documents are notarized pursuant to the Executive Order:

In order to insure, in addition to full compliance with Executive Order #11, you may insure a transaction if:

  1. The policy amount does not exceed $1,000,000.00. For liabilities above this amount, underwriting approval must be obtained; and
  2. The issuing agent must verify with the appropriate registry of deeds that the documents will be accepted for recording.

Please note that remote notarization and Remote Online Notarization are different processes with different requirements. The NH Executive Order authorizes the use of remote notarization subject to compliance with specific requirements and does not authorize Remote Online Notarization.

If you have questions relating to this or other bulletins, please contact Michelle Radie-Coffin, your New Hampshire State Counsel at michelle.radiecoffin@stewart.com.

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 michelle.radiecoffin@stewart.com.

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:
NJ2020003 UNDERWRITING - New Jersey Supplemental Bulletin (COVID-19)
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None