Special Alert: SA2008017

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Special Alert: SA2008017

Bulletin Document
V 1
Date: August 07, 2008
To: All Issuing Offices
RE: Special Alert - WCI Communities, Inc. Bankruptcy (WCI Communities, Inc., et al)

Dear Associates:

The attached order has been approved and entered on August 4, 2008.

The Final Order Authorizing the Debtors to Sell Homes authorizes sales free and clear of liens. 

YOU MAY RELY UPON THIS ORDER, PROVIDED (1) TAXES ARE PAID AT CLOSING, AND (2) THE FINAL ORDER IS RECORDED IN THE COUNTY OF THE LAND.

This Order applies to the debtors listed in the attached "Order Directing Joint Administration of Cases." 

WCI Communities, Inc.
Bay Colony-Gateway, Inc.
Bay Colony of Naples, Inc.
Bay Colony Realty Associates, Inc.
Carpentry Management Associates, LLC
The Colony at Pelican Landing Golf Club, Inc.
Communities Amenities, Inc.
Communities Finance Company, LLC
Communities Home Builders, Inc.
Community Specialized Services, Inc.
Coral Ridge Communities, Inc.
Coral Ridge Properties, Inc.
Coral Ridge Realty, Inc.
Coral Ridge Realty Sales, Inc.
Dix Hills Home & Land Company, LLC
East Fishkill Development, LLC
Fair Oaks Parkway, LLC
First Fidelity Title, Inc.
Florida Design Communities, Inc.
Florida Lifestyle Management Company
Florida National Properties, Inc.
Gateway Communications Services, Inc.
Gateway Communities, Inc.
Gateway Realty Sales, Inc.
GC Assets of Nassau, Inc.
Heron Bay, Inc.
Heron Bay Golf Course Properties, Inc.
Hopewell Crossing Home & Land Company, LLC
Hunting Ridge II, LLC
Hunting Ridge III, LLC
JYC Holdings, Inc.
Lake Grove Home & Land Company, LLC
Mansion Ridge Home & Land Company, LLC
(The) Mansion Ridge Sewer Company, Inc.
Marbella at Pelican Bay, Inc.
MHI-Rugby Road, LLC
New Home & Land Company, LLC
Pelican Bay Properties, Inc.
Pelican Landing Communities, Inc.
Pelican Landing Properties, Inc.
Pelican Marsh Properties, Inc.
Poplar Tree, LLC
Renaissance at Beacon Hill, LLC
Renaissance at Beacon Hill II, LLC
(KJC) Renaissance at Bellview Road, LLC
Renaissance at Bridges of Oakton II, LLC
Renaissance at Cardinal Forest, LLC
Renaissance at Evergreen Mills Road, LLC
Renaissance at Foxhall, LLC
Renaissance at Georgetown Pike, LLC
Renaissance at Hunting Hills, LLC
Renaissance at Kings Crossing, LLC
Renaissance at Lake Manassas, LLC
Renaissance at Oak Creek Club, LLC
Renaissance at Oakton Glen, LLC
Renaissance at Occoquan Walk, LLC
Renaissance at River Creek, Inc.
Renaissance at River Creek II, LLC
Renaissance at River Creek Towns, LLC
Renaissance at River Creek Villas, Inc.
Renaissance at Roseland, Inc.
Renaissance at Rugby Road, LLC
Renaissance at Rugby Road II, LLC
Renaissance at South River, Inc.
Renaissance at the Bridges of Oakton, LLC
Renaissance at the Oaks, LLC
Renaissance at Timberlake, LLC
Renaissance at Timberlake II, LLC
Renaissance Centro Arlington, LLC
Renaissance Centro Columbia, LLC
Renaissance Custom Communities, LLC
Renaissance Holdings Corp.
Renaissance Housing Corp.
Renaissance Land, LLC
Resort at Singer Island Properties, Inc.
Reston Building Company, LLC
RMH, LLC
Sarasota Tower, Inc.
Southbury Home & Land Company, LLC
Spectrum Construction Corp.
Spectrum Customer Care, Inc.
Spectrum Design Studio, Inc.
Spectrum FS Corp.
Spectrum Glen Cove Corp.
Spectrum Holmdel Corp.
Spectrum Kensington LLC
Spectrum Lake Grove, LLC
Spectrum Landing Corp.
Spectrum Long Beach, LLC
Spectrum North Bergen LLC
Spectrum PDC Corp.
Spectrum Valimar Corp.
Spectrum-Irvington Corp.
Spectrum-Riverwoods Corp.
Sun City Center Golf Properties, Inc.
Sun City Center Realty, Inc.
Tarpon Cove Realty, Inc.
Tarpon Cove Yacht & Racquet Club, Inc.
(The) Valimar Home & Land Company, LLC
Watermark Realty Referral, Inc.
WCI Amenities, Inc.
WCI Architecture & Land Planning, Inc.
WCI Business Development, Inc.
WCI Capital Corporation
WCI Communities Property Management, Inc.
WCI Custom Homes, LLC
WCI Golf Group, Inc.
WCI Homebuilding, Inc.
WCI Homebuilding Northeast, U.S., Inc.
WCI Homes, Inc.
WCI Homes Northeast, Inc.
WCI Hunter Mill, LLC
WCI Ireland Inn Corp.
WCI Marketing, Inc.
WCI Mid-Atlantic U.S. Region, Inc.
WCI Northeast Real Estate Development, LLC
WCI Northeast U.S. Region, LLC
WCI Pompano Beach, Inc.
WCI Realty, Inc.
WCI Realty Connecticut, Inc.
WCI Realty Maryland, Inc.
WCI Realty New Jersey, Inc.
WCI Realty New York, Inc.
WCI Title, Inc.
WCI Towers, Inc.
WCI Towers Mid-Atlantic USA, Inc.
WCI Towers Northeast USA, Inc.


Final Order Authorizing the Debtors to Sell Homes (Click to View)
Order Directing Joint Administration of Cases (Click to View)


For on-line viewing of this bulletin, please log onto http://specialalerts.stewart.com.

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

Bulletins Replaced:
  • None
Related Bulletins:
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None