Bulletin: NJ2017001

Date:
May 12, 2017
To:
All New Jersey Issuing Offices
RE:
UNDERWRITING - NJ Cover Sheet Recording Requirement Effective 05/01/2017

Dear Associates:

As of May 1, a paper cover sheet is required with all paper land documents submitted for recording at any of the 21 NJ County Clerk’s Offices via U.S. Mail, express mail, courier service, or in-person over the counter delivery. The cover sheet will be counted as an extra page in calculating recording fees so an additional $10.00 must be included. Any land document submitted for recording without a cover sheet must include an additional $20.00 or the document will be rejected and returned. This requirement does not apply to eRecorded documents as the cover sheet is already integrated into eDocuments submitted. The new cover sheet requirement is mandated by N.J.S.A. 46:26A-5.

If recording a deed, the cover sheet must include:

  1. The lot and block or other real property tax designation of the real property conveyed or a statement that the information is not available; 
  2. The consideration for the conveyance; 
  3. The mailing address of the grantee.

For an assignment, release, satisfaction of a mortgage or an agreement respecting a mortgage, the book and page number or document identifying number of the mortgage to which it relates must be stated on the cover sheet.  

Please click here to download a file that includes the cover sheet for each county. The cover sheets are also available online in PDF format on the individual county registry of deeds websites.  

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