Bulletin: FL2018003

Date:
May 18, 2018
To:
All Florida Issuing Offices
RE:
UNDERWRITING - Miami-Dade Ordinance Section 18-20.2 - Disclosure of Special Taxing District to Purchasers Postponed

Dear Associates:

We recently issued a bulletin (FL2018002) regarding the Miami-Dade County ordinance, which would have required the special taxing district be disclosed on deeds, and the information provided be acknowledged by the deed’s grantees. Please be advised that the implementation date for this ordinance has been postponed for ninety (90) days, and it is quite possible that the ordinance will never be implemented with these requirements. We will continue to keep you involved as we learn of future developments.

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.

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:
FL2018002 UNDERWRITING - Miami-Dade Ordinance Section 18-20.2 - Disclosure of Special Taxing District to Purchasers
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None