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: IN2023001
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Bulletin: IN2023001
Dear Associates:
The following new ALTA forms are now available for use in Indiana effective December 15, 2022:
- 010-UN ALTA Commitment 7-1-21
- 9010 ALTA Owner’s Policy of Title Insurance 7-1-21
- 9011 ALTA Loan Policy of Title Insurance 7-1-21
- 9012 ALTA Homeowner’s Policy of Title Insurance 7-1-21
- 9015 ALTA Expanded Coverage Residential Loan Policy – Assessments Priority 7-1-21
- 9017 ALTA Expanded Coverage Residential Loan Policy – Current Assessments 7-1-21
These forms contain arbitration provisions and should be utilized for new orders received after December 15, 2022. If you have already issued commitments on orders taken in since December 15, 2022, you may continue to complete those files using the forms originally issued. As a reminder, other forms or versions of these forms should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.
Please remember to contact Property Info Customer Care or your title production software vendor to get the new forms implemented in your system.
If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.
For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.
References
- Bulletins Replaced:
- None
- Related Bulletins:
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None