Bulletin: NJ000085

Date:
April 13, 2004
To:
All Issuing Offices in New Jersey
RE:
New Access and Entry Endorsement
 Dear Associates:

Attached is a copy of the new Form NJ 5-78 Access and Entry Endorsement (ALTA 17) which is approved for use beginning March 8, 2004.  The endorsement should be issued to insure that the property has both vehicular and pedestrian access from an open public road or highway.  You will need to insert the name of the street, road or highway, as indicated.

The charge for the endorsement is $50 per file, whether both the lender and applicant request the form or only one does.

Attached is the following page to be substituted into your Rate and Form Manual:

Add Page 245

Please call the State office if you have any questions, and note that revised Rate and Form Manuals will be issued shortly.

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:
MU000049 New ALTA Forms
Underwriting Manual:
1.12.3 Access Considerations
Exceptions Manual:
None
Forms:
ALTA Endorsement 17 (Access and Entry)