GU2015001 - RATES AND/OR FORMS UPDATE - New ALTA Forms and Endorsements | Virtual Underwriter

Virtual Underwriter

Virtual Underwriter

Start of Main Content

Bulletins by State

Multi-State/Territory Bulletins

National Bulletins

Bulletin: GU2015001

v 3

Date: November 05, 2015

To: All Guam Issuing Offices

RE: RATES AND/OR FORMS UPDATE - New ALTA Forms and Endorsements

Dear Associates:

The Guam Department of Insurance has approved for use in Guam on October 5, 2015,the American Land Title Association (ALTA) forms listed below. The new endorsement forms are designed to be used with the 2006 ALTA Loan and Owner's Policies already approved for use in the state. Prici...

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:

ALTA Endorsement 1-06 (Street Assessments) ALTA Endorsement 3-06 (Zoning Unimproved Land) (6-17-06) ALTA Endorsement 3.1-06 (Zoning-Completed Structure) Revised 10/22/09 ALTA Endorsement 3.2-06 (Zoning - Land Under Development) (04-02-12) ALTA Endorsement 4-06 (Condominium) ALTA Endorsement 4.1-06 (Condominium - Current Assessments) (10-16-08) TC 12-01-16 ALTA Endorsement 5.1-06 (Planned Unit Development - Current Assessments) (10-16-08) TC 12-1-16; 12-1-17 ALTA Endorsement 6-06 (Variable Rate Mortgage) (10-16-08) ALTA Endorsement 6.2-06 (Variable Rate Mortgage - Negative Amortization) (10-16-08) ALTA Endorsement 8.1-06 (Environmental Protection Lien) ALTA Endorsement 9-06 (Restrictions, Encroachments, Minerals - Loan Policy) (4-2-12) TC 8-1-16; 12-1-18 ALTA Endorsement 9.1-06 (Covenants, Conditions and Restrictions - Unimproved Land Owner's Policy) (4-2-12) ALTA Endorsement 9.2-06 (Covenants, Conditions and Restrictions - Improved Land Owner's Policy) (4-2-12) ALTA Endorsement 9.3-06 (Covenants, Conditions and Restrictions - Loan Policy) (4-2-12) ALTA Endorsement 10-06 (Assignment) Revised 02/03/10 ALTA Endorsement 10.1-06 (Assignment and Date Down) Revised 02/03/10 ALTA Endorsement 11-06 (Mortgage Modification) ALTA Endorsement 12-06 (Aggregation - Loan) (04-02-13) ALTA Endorsement 13.1-06 (Leasehold - Loan) Revised 04-02-12 ALTA Endorsement 14-06 (Future Advance - Priority) (2-3-11) ALTA Endorsement 14.1-06 (Future Advance - Knowledge) (2-3-11) ALTA Endorsement 14.2-06 (Future Advance - Letter of Credit) (2-3-11) ALTA Endorsement 14.3-06 (Future Advance - Reverse Mortgage) (2-3-11) ALTA Endorsement 15-06 (Nonimputation - Full Equity Transfer) (6-17-06) ALTA Endorsement 15.1-06 (Nonimputation - Additional Insured) (6-17-06) ALTA Endorsement 15.2-06 (Nonimputation - Partial Equity Transfer) (6-17-06) TC 8-1-15 ALTA Endorsement 17-06 (Access and Entry) (6-17-06) ALTA Endorsement 17.1-06 (Indirect Access and Entry) (6-17-06) ALTA Endorsement 18.1-06 (Multiple Tax Parcel - Easements) (6-17-06) TC 12-1-16 ALTA Endorsement 19-06 (Contiguity - Multiple Parcels) (6-17-06) ALTA Endorsement 19.1-06 (Contiguity - Single Parcel) (6-17-06) ALTA Endorsement 20-06 (First Loss - Multiple Parcel Transactions) (6-17-06) ALTA Endorsement 22-06 (Location) (6-17-06) ALTA Endorsement 25-06 (Same as Survey) (10-16-08) ALTA Endorsement 25.1-06 (Same as Portion of Survey) (10-16-08) ALTA Endorsement 26-06 (Subdivision) (10-16-08)