NY TIRSA Waiver of Arbitration Endorsement (Loan Policy) Guideline 1993

Explanation:

Purpose Of Endorsement:
This endorsement deletes the arbitration clause (Conditions and Stipulations, Section 14 in Owner’s Policies, and Section 13 in Loan Policies).

Underwriting Requirements:

Requirements For Issuance:
(a) The endorsement must be requested by the insured;
(b) It is available for policies of any dollar amount.
Issued With The Following Policies:
Owner’s and loan policies, respectively.
Premium:
$25.00

The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

This guideline applies to the following form(s):

None