STG Public Sale Endorsement Guideline 1
Explanation:This endorsement insures that the sale by the named city complied with requirements for notice and bidding.
Underwriting Requirements:(1) Applicable state law, city ordinances, and other applicable limitations on sale must be reviewed. The examiner must verify these requirements were met by the city.
(2) An Underwriter must approve issuance of the endorsement.
The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.
Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.
This guideline applies to the following form(s):