STG Amendment to Definition of Insured Endorsement Guideline 5
Explanation:This endorsement expands the definition of the insured; consequently, it reduces the need for a later policy if a covered transaction occurs.
Underwriting Requirements:(1) A Senior Underwriter must approve issuance of the endorsement.
(2) The endorsement should be tailored to the contemplated transaction.
The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.
Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.
This guideline applies to the following form(s):