Bulletin: GU2023001

Dear Associates:

Stewart Title Guaranty Company is filing an amended Schedule of Charges and Forms for Title Insurance in the Territory of Guam ("STGC Manual"). This STGC Manual has been approved with an effective date of October 16, 2023. Attached are the links for your convenience. (Click here to view a copy of the “Redline” and the “Accepted” versions).

The following is an overview of some of the more significant changes to the STGC Manual. However, to best understand the changes and which apply to you, the STGC Manual itself should be read thoroughly and carefully in its entirety.

1. Increase in the basic rate schedule by 30% for transactions up to $1,000,000.
2. Increase rates for those policies issued in excess of $1,000,000 to $4.00 per $1,000 in liability, from $3.00 per $1,000.
3. Addition of basic instructions related to the calculation of rates where an Owner’s title policy and Lender’s title policy are issued simultaneously.
4. Inclusion of an endorsement rate table for the most common endorsements issued in Guam.

The new forms approved in this filing include the following:

• 9067 ALTA 23.1 Coinsurance Multiple Policies 5-12-22
• 9073 ALTA Endorsement JR 1 (4-2-22)
• 9074 ALTA Endorsement JR 2 (4-2-22)
• 9075 ALTA 48 Tribal Waivers and Consents (4-2-22)
• 9070 ALTA Residential Limited Coverage Junior Loan Policy with Arbitration (4-2-22)
• 9071 ALTA Residential Limited Coverage Mortgage Modification Policy with Arbitration (4-2-22)
• 9072 ALTA Short Form Residential Limited Coverage Junior Loan Policy (4-2-22)
• 9385 ALTA 8.2 Commercial Environmental Protection Lien (10-16-08)
• 9137 ALTA 9.6 Private Rights (LP) (4-2-13)
• 9183 ALTA 9.7 Restrictions, Encroachments, Minerals – Land Under Development (4-2-12)
• 9184 ALTA 9.8 Covenants Conditions and Restrictions – Land Under Development (4-2-12)
• 9139 ALTA 9.9 Private Rights (OP) (4-2-13)
• 9140 ALTA 9.10 Restrictions, Encroachments, Minerals – Current Violations (4-2-13)
• 9386 ALTA 17.2 Utility Access (10-16-08)
• 9233 ALTA 18.2 Multiple Tax Parcel (8-1-16)
• 9237 ALTA 18.3 Single Tax Parcel and ID (12-1-18)
• 9246 ALTA 28 Easement – Damaged or Enforced Removal (2-3-10)
• 9145 ALTA 28.2 Encroachments – Boundaries and Easements – Described Improvements (4-2-13)
• 9228 ALTA 28.3 Encroachments – Boundaries and Easements – Land Under Development (4-2-15)
• 9173 ALTA 33 Disbursement (2-3-11)
• 9135 ALTA 37 Assignment of Rents or Leases (12-3-12)
• 9296 ALTA 40 Tax Credit (4-2-14)
• 9297 ALTA 40.1 Tax Credit Defined Amount (4-2-14)
• 3029 CLTA 110.1 Deletion of Item from Policy (8-4-22)
• 9011 ALTA Loan Policy of Title Insurance, Schedule A, BI, BII with Arbitration (7-1-21) – This form was originally filed and approved in 2021, but it did not include a Schedule A with item #6. The version approved in this filing includes item #6 so that the option to incorporate a list of endorsements is now available.

Please remember to contact PropertyInfo Customer Care or your software provider to incorporate these changes into your system.

If you have any questions about this bulletin, any pricing concerns, or any other bulletin please contact the Stewart Title Guaranty Company Guam underwriting team.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.