- January 30, 2008
- All Issuing Offices in Pennsylvania
- New Transfer Tax Regulations
Recently, the Department of Revenue amended its regulations, 61 Pa. Code Chapter 91, to address numerous legislative changes and to bring the regulatory provisions into conformity with Departmental policy. The amendments to the regulations can be found at our website (http://stewarteasternpa.com) under "Online Resources" tab.
The Department is not re-publishing the booklet Rev-1250 EX+ (4-95). Therefore, we have put the regulations into a booklet form incorporating the amendments, for your quick reference. If you wish to obtain a copy of this booklet, please go to our website at http://stewarteasternpa.com for a copy in Word format.
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.