- May 22, 2014
- All Stewart Title Guaranty Company, Stewart Title Latin America, Stewart Title Insurance Company and Stewart Title International Issuing Offices
- SPECIAL ALERT - Karine Mancia, et al
Stewart has received several recent emails related to leasehold transactions in Brazil. Prospective tenants are advised that Stewart will somehow be involved in the transaction such as by “mediating the documents”.
Please be advised that no Stewart entity is involved with leasehold property management in Brazil.
Effective immediately, all Stewart offices are instructed to contact Stewart Legal Services if contacted about any leasehold transaction in Brazil.
Individuals who may be involved include:
Karine Andrea Mancia
Barbara E. Silva
As a reminder, before closing a transaction, all issuing offices must search the names of the parties to the transaction, including the seller, buyer/borrower, payoff lender, and new lender, using the Special Alerts database, which may be accessed at http://specialalerts.stewart.com/ or as a link from Stewart.com and/or Virtual 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.