Bulletin: MX000001

Date:
February 19, 1997
To:
All Issuing Offices Issuing on Land Located in Mexico
RE:
Forms and Exceptions

Dear Associates:

Policy Forms

Before we issue a commitment, we require that the applicant sign the "Application for Policy of Title Insurance on Mexico Land" and pay an application fee.

Commitment for Title Insurance on Mexico land. The commitment is effective for 30 days. In some cases, we will extend the terms of the commitment.

Owner's Policy of Title Insurance on Mexico Land. This policy is issued to foreign investors, who may be beneficiaries of a trust.

Loan Policy of Title Insurance on Mexico Land. This policy is sometimes issued to a lender that is a beneficiary under a trust.

Endorsements

We will consider endorsements on particular transaction if our requirements are met. Those endorsements may include special variable rate and contiguity endorsements.

Exceptions

If our underwriting requirements are met, we may delete one or more of the general exceptions in Schedule B of the policy.

Insured

We issue policies in the United States to persons who are foreign investors or lenders in Mexico.

Questions

If you have any questions concerning policies or fees on land located in Mexico, please call Hector Barraza or Mitch Creekmore at 1 (800) 729-1900.

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.