Bulletin: NE2013006

Date:
November 18, 2013
To:
All Nebraska Issuing Offices
RE:
UNDERWRITING - Revised Nebraska Title Standards

Dear Associates:

Please be advised that the Nebraska Land Title Examination Standards have been revised, effective October 3, 2013, and are in publication.

Among other elements of the Title Standards are amendments reflecting recently effective legislative changes to Nebraska law governing Powers of Attorney, Transfer on Death Deeds, Succession to Real Property by Affidavit, and Limited Liability Companies.

While Title Standards are extremely valuable and useful tools for use by the title agent, please remember that many situations encountered by the title agent are fact-sensitive. Agents are reminded to contact Stewart underwriting personnel whenever questions arise, and especially in transactions involving high liability and/or hazardous risks.

Copies of the Title Standards can be obtained for a nominal fee. Nebraska attorneys who have access to Casemaker® can access the Title Standards on-line.

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.

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