Bulletin: LA000011

Date:
October 21, 2005
To:
All Issuing Offices in Louisiana
RE:
Open in Orleans /Parish Partial Indicies of 18 Years /Orleans Tax Office

Dear Associates:

Partial Indicies/18 Years

The relocation of the real estate records in Orleans Parish to the Morial Convention Center has been partially completed. Electronic indices are available to research from 1987 to the present, but at this time, the manual indices for records prior to 1987 are not physically available for inspection.

A great number of transactions can be processed within this shortened search period. (Please see Bulletin Number MU000018 and MU000035 for search requirements) However, the requirements for general name searches have always been 20 years; due to Federal Judgments. During this time of crisis, Stewart Title Guaranty is willing to insure based on an 18 year general name search; provided:

(1) The standard owner's/mortgagor's affidavit is executed,

(2) There is nothing raising a suspicion of claim, such as a string of judgments or mortgages against the party in question;

(3) There are no federal or state tax liens against the party in question for the time period you can search.
This bulletin is issued as temporary instruction and once the Orleans Parish Records cover a 20 year period this bulletin will expire.

Orleans Tax Office

The Tax Assessors Office is still closed to the general public. However, as of today, abstractors are being allowed access to the tax books. Please check with the tax office directly for office hours and permission to access the books.

It looks like we are back in business in Orleans Parish. Please call us on a case by case basis for approval on any transactions which do not meet the above criteria.

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:
MU000018 Title Search Requirements
 
MU000035 This Bulletin has been replaced by MU2007001.
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None