STG Subdivision Map Act Endorsement Guideline 1
Explanation:This endorsement is issued periodically in connection with the Owner's or Loan Policy. The Loan and Owner's Policy exclude loss by reason of pre-existing violation of subdivision laws and regulations.
Underwriting Requirements:(1) An Underwriter must approve issuance of the endorsement.
(2) You may generally issue if the property has been platted in accordance with applicable law.
(3) You may generally issue if the property has been described by the same metes and bounds (or substantially the same metes and bounds) for an extended period of time and the property has been separately assessed for tax purposes particularly if pre-existing substantial improvements exist on the property and if construction is not immediately contemplated.
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):