Bulletin: TN2012003

Dear Associates: 

There has been a revision to the Tennessee Title Insurance Rates. The only changes are the minimum charges for the Reissue Charge for the Owner's Policy and the minimum charge for the Refinance Charge for Loan Policies on Schedule E. Sections 3 and 4. (Page 21 of the Rate Manual) Said Sections have been revised to read as follows: 

   3. Reissue Charge for Owner’s Policies 

The Reissue charge for a new policy or endorsement to an existing policy issued less than 10 years ago is available to a new purchaser or lessor. The Reissue Charge shall be seventy percent (70%) of the original Charges up to the coverage amount of the previous policy. The Original Charge in the applicable bracket/brackets will apply to coverage in excess of the amount of the previous policy. 

Minimum Charge:  $150.00 

The company is under no obligation to seek or make a determination of the existence of a previous policy. 

   4. Refinance Charge for Loan Policies 

A Refinance charge is available to a borrower obtaining a replacement or refinance loan on property covered by a previous loan policy on an existing mortgage or an Owner's Policy issued to the borrower on the subject property issued within the last ten (10) years. The Refinance Charge shall be seventy percent (70%) of the Original Issue Charges up to the coverage amount of the previous policy. The Original Issue Charge in the applicable bracket/brackets will apply to coverage in excess of the amount of the previous policy. 

Minimum Charge:  $150.00 

The company is under no obligation to seek or make a determination of the existence of a previous policy. 

NOTE:  Any Agent using AFW must contact PropertyInfo's Customer Care to get the new rate(s) changes implemented in their system. 

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter. 

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