- March 08, 2002
- All Issuing Offices
- Closing Alert - Malibu Construction, C.H. Minnich Construction, et al.
Effective immediately, all policy issuing agents are instructed not to close any transactions involving the below listed companies or persons unless approval has been received in writing from Stewart Title Guaranty Company's National Claims Counsel listed below. In addition, if you have closed a transaction in the past six months involving these companies or persons, contact the National Claims Counsel listed below.
C.H. Minnich Construction
Christopher H. Minnich
Bay Investments Management
The Sanctuary at Palm Coast Homeowners Assoc
Bay Investments of Ormond Beach Heritage
Bay Construction and Development Corp of FL
Hammock Forest Co., Inc.
Palm Coast Blue Water International Corp.
Preservation Lake Corp.
If you have any closing scheduled with any of these companies do not close the transaction and immediately contact:
Thomas J. Kennedy
National Claims Counsel
Stewart Title Guaranty Company
Thank you for your anticipated cooperation.
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.