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Bulletin: NY000236

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Bulletin: NY000236

v 1
Date: October 26, 2004
To: All Issuing Offices in New York
RE: IT-2664 Non Resident Transfer of Co-op; Mortgage Tax Increase in Lewis County; Mortgage Tax On Multi-County Parcels

1. New York State has just released Form IT-2664, for use by non-resident individuals, estates and trusts in the sale of shares of a co-op. As stated in a previous bulletin, this tax is due within 15 days of the transfer. A reminder for NYS residents, the tax will be included in the 2004 returns....

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.

For copies of the attachments referenced in this Bulletin, please call STIC Legal Services at 800.433.0014
References
Bulletins Replaced:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None