Bulletin: CN000009

Date:
July 31, 2006
To:
All Stewart Title Examining Counsel and Direct Issue Lawyers in the Greater Toronto Area
RE:
Closing Alert Bulletin

Dear Clients:

Effective immediately, you are instructed not to obtain a Stewart Title Guaranty Company policy of insurance for transactions where one or both of the below listed names appear in the transaction, whether as purchaser, vendor, mortgagor, corporate director or officer, or otherwise without first obtaining express written approval from the listed Stewart Representatives. 

Emanuel Tannenbaum

Bellany Investments Inc.

If your office has pending transactions involving the above listed address, please contact the Stewart Representatives, listed below, IMMEDIATELY.

Karen Decker, Senior Counsel, Vice President of Underwriting
416-309-4960

Sandra Thwaites, Vice President, Claims
416-309-4940

Note:    Please do not distribute this bulletin without the consent of the Stewart Representatives listed above.

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