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: PA2008006
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Bulletin: PA2008006
V
1
Date: November 11, 2008
To:
All Pennsylvania Issuing Offices
RE:
Common Level Ratio Valuation Factors 7/1/2008 through 6/30/2009
Dear Associates:
Attached please find the latest list of Common Level Ratio Valuation Factors for computing fair market property values on which the Commonwealth derives the basis for the transfer tax. The list is effective July 1, 2008 through June 30, 2009.
Unless the consideration is stated in the deed the Affidavit of Value must be attached to the deed reflecting this calculation. You can find the history of the Common Level Ratios for all counties back to 1986 at http://www.revenue.state.pa.us/revenue/cwp/browse.asp?a=3&bc=0&c=34808.
List of Common Level Ratio Valuation Factors (Click to View)
For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.
References
- Bulletins Replaced:
- None
- Related Bulletins:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None