Bulletin: CT2016003

Date:
November 10, 2016
To:
All Connecticut Issuing Offices
RE:
UNDERWRITING - REVISION TO CONVEYANCE TAX RETURN FORM OP-236

Dear Associates:

The Connecticut Department of Revenue Services (“DRS”) now offers an online, fillable PDF version of the conveyance tax return. The form is two pages in length and includes separate copies for the DRS and town clerk. It must be printed and signed in the same manner as the previous carbon form and delivered to the town clerk along with the deed and requisite tax payment. The existing carbon forms will be discontinued but will be accepted by town clerks until the current supply of such forms is exhausted.

The CT DRS website offers access to the new forms and related documents as follows:

Form OP-236

OP-236i (Instructions)

OP-236 Schedule A (Grantors)

OP-236 Schedule B (Grantees) 

While the new form requires an entry in the “Taxpayer Identification Number” fields once a Grantor’s/Grantee’s name is entered, C.G.S. §12-497 provides that no town clerk may refuse to record any deed, instrument or writing if the tax return does not include social security account information.

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