Bulletin: MI2009001

Note: This Bulletin has been replaced by Bulletin MI2010006 . Use it for reference only.

Date:
July 23, 2009
To:
All Michigan Issuing Offices
RE:
Do Not Insure Recorded Scanned Documents

Dear Associates:

While some Michigan Registers of Deeds accept electronic recording of scanned documents, there is a question as to whether Michigan law authorizes this procedure. While we conclude that such recording does impart constructive notice, until appropriate legislation is adopted in Michigan you are not authorized to issue a Stewart Title Guaranty Policy if the documents are electronically recorded or transmitted to the Register of Deeds. You may insure only when the paper documents are recorded by the Register of Deeds. If a search discloses prior recording of scanned documents in the chain of title, you are not required to except to that recording.

If you have questions relating to this bulletin, please contact your local underwriting personnel or Stewart Legal Services.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.

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:
None