Bulletin: NL000116

Date:
March 08, 2002
To:
All Issuing Offices
RE:
Closing Alert - Malibu Construction, C.H. Minnich Construction, et al.
Dear Associates:

Effective immediately, all policy issuing agents are instructed not to close any transactions involving the below listed companies or persons unless approval has been received in writing from Stewart Title Guaranty Company's National Claims Counsel listed below. In addition, if you have closed a transaction in the past six months involving these companies or persons, contact the National Claims Counsel listed below.

Malibu Construction

C.H. Minnich Construction

Christopher H. Minnich

Valerie Kaan

Gloria Kaan

William Lilly

William Harkins

Bay Communities

Bay Investments

Bay Investments Management

The Sanctuary at Palm Coast Homeowners Assoc

Bay Investments of Ormond Beach Heritage

Bay Construction and Development Corp of FL

Hammock Forest Co., Inc.

Palm Coast Blue Water International Corp.

Preservation Lake Corp.

If you have any closing scheduled with any of these companies do not close the transaction and immediately contact:

Thomas J. Kennedy
National Claims Counsel
Stewart Title Guaranty Company
(877) 858-7032

Thank you for your anticipated cooperation.

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