Special Alert: NYSA000420

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Before closing a transaction, all issuing offices must search the names of the parties to the transaction, including the seller, buyer/borrower, payoff lender and new lender, using the Special Alerts database.  Go to the Special Alerts database to search for specific names, entities and properties.

Special Alert: NYSA000420

Bulletin Document
Date: December 22, 2021
To: All New York State Agents, Office Counsel, and Managers
RE: 10/14 Division Street, Brooklyn, New York and others

Effective immediately, all policy-issuing offices are instructed not to accept any orders or close any transactions involving the people and/or premises listed below without prior written approval of Stewart Title Insurance Company Agency Legal Services.


Names:
King Tower Properties, Inc.
Richland Properties, Inc.

Premises:
10/14 Division Street, Brooklyn, NY
Kings County; Block 2849 Lot 9 fka p/o Old Lot 8

2275/279 Richardson Street, Brooklyn, NY (parcel 2a)
283/289 Richardson Street, Brooklyn, NY (parcel 2b)
Kings County; Block 2849 Lot 24 (Parcel 2a); Block 2849 Lot 21 fka Lots 21, 22 & 23 (parcel 2b)

18 Division Place aka 18A Division Place aka Rear Division Place, Brooklyn
Kings County; Block 2849 Lot 10


In the event you have any transactions involving the people and/or premises listed above please contact Stewart Title Agency Legal Department at 212-922-0050 and speak with any Agency Legal Services Counsel.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.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:
  • None
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None