Bulletin: NY000253

Date:
May 12, 2005
To:
All Issuing Offices in New York
RE:
Erie County Cover Page Fee Increase

Following is the text of memorandum issued by the Erie County Clerk to customers of the office, dated May 10, 2005.  Please be guided accordingly.

On May 5, the Erie County Legislature voted to increase the cover page fee for recorded documents in the Clerk's Office
from $5 to $15.  This change will go into effect on Monday, May 16, 2005.

Mail that is post-marked prior to this date will still be processedat the present $5 fee.

This increase allows for the first restoration of personnel sincethe lay-off of 68% of budgeted positions in the Clerk's Officeon March 14.  Despite significant backlogs that have accruedin since that time, it is my sincere hope that we will soon be able to restore more expeditious service at the counter, in indexingrecords and in processing mail.

If you have any questions concerning this matter, please call company counsel.

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