Bulletin: NY000229

Date:
August 24, 2004
To:
All Issuing Offices in New York
RE:
Increase in Filing Fee for EA 5217 (Equalization) New York State-Now Official

The increase in fees for filing the EA 5217 (Equalization Form) has been signed into law for any document recorded after September 1, 2004  (Chapter 57 of the Laws of 2004).

The fee for filing the EA 5217 has increased as follows:

1 Family (Box 7a), 2 or 3 Family (Box 7b), Agricultural (Box 7e)    $75.00

ALL OTHERS    $165.00

Please note, a 1,2 or 3 family house constructed on vacant land (Box 9) is now $75.00

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