Bulletin: NJ000076
Dear Associates:
As all of you are aware, open judgments affecting any file must be cleared either at or prior to closing. Under certain circumstances, if specifically authorized by the Company, an escrow may be held to expedite the closing; however, a Warrant of Satisfaction must be obtained fo...
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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.
NEW JERSEY POST JUDGMENT INTEREST RATES
| Judgment | Under $15,000 | Over $15,000 |
| Rate prior to April 1, 1975 | 6.0% | 6.0% |
| April 1, 1975 - September 13, 1981 | 8.0% | 8.0% |
| September 14, 1981 - January 1, 1986 | 12.0% | 12.0% |
| January 2, 1986 - December 31, 1986 | 9.5% | 9.5% |
| January 1 - December 31, 1987 | 7.5% | 7.5% |
| January 1 - December 31, 1988 | 6.0% | 6.0% |
| January 1 - December 31, 1989 | 7.0% | 7.0% |
| January 1 - December 31, 1990 | 8.0% | 8.0% |
| January 1 - December 31, 1991 | 8.5% | 8.5% |
| January 1 - December 31, 1992 | 7.5% | 7.5% |
| January 1 - December 31, 1993 | 5.5% | 5.5% |
| January 1 - December 31, 1994 | 3.5% | 5.5% |
| January 1 - December 31, 1995 | 3.5% | 3.5% |
| January 1 - August 31, 1996 | 5.5% | 5.5% |
| September 1 - December 31, 1996 | 5.5% | 7.5% |
| January 1 - December 31, 1997 | 5.5% | 7.5% |
| January 1 - December 31, 1998 | 5.5% | 7.5% |
| January 1 - December 31, 1999 | 5.5% | 7.5% |
| January 1 - December 31, 2000 | 5.0% | 7.0% |
| January 1 - December 31, 2001 | 5.5% | 7.5% |
| January 1 - December 31, 2002 | 6.0% | 8.0% |
| January 1 - December 31, 2003 | 3.0% | 5.0% |
| January 1 - December 31, 2004 | 2.0% | 4.0% |