Dear Associates:
The Delaware Title Insurance Rating Bureau (“DTIRB”) submitted to the Delaware Department of Insurance six (6) revised endorsements, fourteen (14) new endorsements, and one (1) revised policy form. The forms were approved and will be effective October 1, 2013.
The revised endorsements are as follows:
DTIRB 18 ALTA Endorsement 9-06 Restrictions, Encroachments, Minerals - Loan Policy
DTIRB 19 ALTA Endorsement 9.1-06 Covenants, Conditions and Restrictions - Unimproved Land Owner’s Policy
DTIRB 20 ALTA Endorsement 9.2-06 Covenants, Conditions and Restrictions - Improved Land Owner’s Policy
DTIRB 13 ALTA Endorsement 13-06 Leasehold - Owner’s Policy
DTIRB 14 ALTA Endorsement 13.1-06 Leasehold - Loan Policy
DTIRB 40 ALTA Endorsement 20-06 First Loss-Multiple Parcel Transactions - Loan Policy
The new endorsements are as follows:
DTIRB 63 ALTA Endorsement 9.6-06 Private Rights - Loan Policy
DTIRB 64 ALTA Endorsement 9.7-06 Restrictions, Encroachments, Minerals - Land Under Development - Loan Policy
DTIRB 52 ALTA Endorsement 9.8-06 Covenants, Conditions, and Restrictions - Land Under Development - Owner’s Policy
DTIRB 53 ALTA Endorsement 28.1-06 Encroachments - Boundaries and Easements - Loan Policy
DTIRB 54 ALTA Endorsement 28.1-06 Encroachments - Boundaries and Easements - Owner’s Policy
DTIRB 65 ALTA Endorsement 31-06 Severable Improvements - Owner or Loan Policy
DTIRB 61 ALTA Endorsement 36-06 Energy Project - Leasehold/Easement - Owner’s Policy
DTIRB 62 ALTA Endorsement 36.1-06 Energy Project - Leasehold/Easement - Loan Policy
DTIRB 59 ALTA Endorsement 36.2-06 Energy Project - Leasehold/Easement - Owner’s Policy
DTIRB 60 ALTA Endorsement 36.3-06 Energy Project - Leasehold/Easement - Loan Policy
DTIRB 55 ALTA Endorsement 36.4-06 Energy Project - Covenants, Conditions and Restrictions -Land Under Development - Owner’s Policy
DTIRB 56 ALTA Endorsement 36.5-06 Energy Project - Covenants, Conditions and Restrictions - Land Under Development - Loan Policy
DTIRB 57 ALTA Endorsement 36.6-06 Energy Project - Encroachments - Loan Policy
DTIRB 58 ALTA Endorsement 36.6-06 Energy Project - Encroachments - Owner’s Policy
The revised policy is as follows:
ALTA U.S. Policy (12/3/12)
Simultaneously with the approval of the revised endorsements and policy, the following forms have been decertified:
DTIRB 18 ALTA Endorsement 9-06 Restrictions, Encroachments, Minerals - Loan Policy (4/1/2007)
DTIRB 19 ALTA Endorsement 9.1-06 Covenants, Conditions and Restrictions - Unimproved Land - Owner’s Policy (4/1/2007)
DTIRB 20 ALTA Endorsement 9.2-06 Covenants, Conditions and Restrictions - Improved Land - Owner's Policy (4/1/2007)
DTIRB 13 ALTA Endorsement 13-06 Leasehold - Owner’s Policy (4/1/2007)
DTIRB 14 ALTA Endorsement 13.1-06 Leasehold - Loan Policy (4/1/2007)
DTIRB 40 ALTA Endorsement 20-06 First Loss - Multiple Parcel Transactions (4/1/2007)
The revisions to the Rating Manual merely reflect the addition of the new forms, and the Schedule of Rates remains unchanged. The forms are available from the Delaware State Office and on www.vuwriter.com. The Rating Manual will be available under the "Forms and Policy Information" Index on our website: http://www.stewart.com/delaware.
Agents using AIM for Windows (AFW) or AIM+ should contact PropertyInfo Customer Care to have the changes and new rate(s) implemented into the AFW or AIM+ system.
If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.
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