Virtual Underwriter

© 2020 Stewart Title Company

Bulletin: NL000106

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Bulletin: NL000106

Bulletin Document
V 3
Date: June 27, 2001
To: All Issuing Offices
RE: Native American/Indian Land - Policy Transaction Codes
Dear Associates:

New transaction codes for policies issued on Indian Land have been developed by the Company. Please utilize these codes effective immediately.

In all states:
Leasehold Owner - 101T
Leasehold Owner simultaneous (lesser liability) - 401T

Non-Leasehold Owner - 102T
Non-Leasehold Owner simultaneous (lesser liability) - 402T

Leasehold Loan/Mortgagee - 201T
Leasehold Loan/Mortgagee simultaneous (lesser liability) - 403T

Non-Leasehold Loan/Mortgagee - 202T
Non-Leasehold Loan/Mortgagee simultaneous (lesser liability) - 404T

Native American "Leasehold Loan Policy" Endorsement - 501T

If you have any questions, please contact Agency Accounting.

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