Bulletin: FL000042

Date:
June 28, 1994
To:
All Florida Stewart Offices and Agents
RE:
Blank Space on Documents to Be Recorded

Dear Associates:

Under new rules that went into effect on June 3rd of this year, the blank space in the top right-hand corner of instruments to be recorded has been enlarged to a 3-inch square on the first page of the instrument and a 1-l/2 by 3-inch rectangle on the subsequent pages.

The bill was supposed to have a July 1st effective date to allow time to order new forms that comply but in last minute changes that occurred in the legislative process, this effective date was omitted. There is no sanction for failure to comply in the law, but reasonable steps to comply as soon as possible should be taken.

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:
5.16 Escrow Closings
Exceptions Manual:
None
Forms:
None