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: IL2017002
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Bulletin: IL2017002
V
1
Date: October 30, 2017
To:
All Illinois Issuing Offices
RE:
UNDERWRITING - Cook County Recording Changes
Dear Associates:
Effective immediately, the Cook County Recorder of Deeds has stated that the following documents will no longer be recorded.
- Affidavits related to heirship, regardless of the document title
- Deeds from heirs of a deceased owner as the grantor
- Residential real estate contracts
- Documents to be re-recorded to correct errors without a Corrective Affidavit signed by all parties to the document
With regards to deceased owners, the recorder’s office is stating that they will record a court order determining heirship and a Notice of Probate and Release of Estate’s Interest.
It is not clear at this time if there are other documents that the recorder’s office will reject. Should you learn of any additional information from communications with the recorder’s office, please notify Julie Angelakos, Illinois State Counsel, at Julie.angelakos@stewart.com.
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