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.
Bulletin: NY000265
Bulletins by State or Territory
Bulletins by Country
Bulletin: NY000265
A) Wayne County has enacted the local law necessary to implement the increase in mortgage tax as authorized by state statute earlier this year. Effective October 1, 2005, the total mortgage tax for properties located in Wayne County will be one dollar and twenty five cents per one hundred dollars of debt secured, or 1.25% of the mortgage amount.
B) Albany County has enacted the local law necessary to implement the increase in mortgage tax as authorized by state statute earlier this year. Effective November 1, 2005, the total mortgage tax for properties located in Albany County will be one dollar and twenty five cents per one hundred dollars of debt secured, or 1.25% of the mortgage amount.
C) We apologize for the confusion created by the recent change of the internet address of our rate calculator. In case you had not noticed, when we moved the rate calculator from its former location, we left no forwarding address and attempts to visit that site were met with the dreaded message: " The Page Cannot Be Displayed".
For future reference, the rate calculator may now be found on the internet at http://www.stewartstar.com/rc/
References
- Bulletins Replaced:
- None
- Related Bulletins:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None