Bulletin: TX2024009

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Bulletin: TX2024009

Bulletin Document
V 2
Date: December 13, 2024
To: All Texas Issuing Offices
RE: UNDERWRITING - Delays in Obtaining Information from County Clerk Offices

Dear Associates:

We have been made aware of an issue in several counties concerning delays in obtaining information from the County Clerk’s office which has affected the timely posting of recorded documents in title plants and the ability to otherwise update title search information.

If your current search is effective through a date more than 14 days prior to the date of the policy to be issued you must contact a Stewart Title Guaranty Company Texas underwriter. If your current search is effective through a date more than 14 days prior to the date of the commitment add the following language in Sch. C:

“Currently access to [insert county name] County Public Records is limited and may not provide accurate up-to-date information. If a current up-to-date search is not available at time of closing Company will require an indemnity in a form provided by Company, related to matters that may arise from the date of the most recent available recorded information.”

If your transaction otherwise requires approval to issue overlimit or extra hazardous coverage, please include in the request for approval the effective date of your current search with a notation that an updated search may not be available. If the county clerk in the county where the property is located is not currently accepting documents for recording or 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.

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:
Related Bulletins:
  • None
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None