Bulletin: NJ2023003

Bulletins by State or Territory
Bulletins by Country

Bulletin: NJ2023003

Bulletin Document
V 4
Date: April 05, 2023
To: All New Jersey Issuing Offices
RE: UNDERWRITING - Daniel’s Law Update

Dear Associates:

This bulletin supplements Stewart bulletins, NJ2020006, NJ2022007 and NJ2023002, and is an update to Daniel’s Law. 

On January 12, 2022, P.L. 2021, c.371 (the “Act”) was signed into law to support the implementation of P.L. 2020, c.125 (“Daniel’s Law”). The Act sets forth several categories of documents for which there is an exception to the general redaction or nondisclosure requirement in Daniel’s Law, one of which is documents affecting title to real property which may be provided to title search business entities as defined in the Act. 

All title search business entities must register with the New Jersey Department of Banking and Insurance (DOBI). Applications for registration may be submitted electronically by completing the form and following the instructions at the following link: https://www.nj.gov/dobi/division_insurance/titlesearch/index.html.  

Title search business entities that are not registered with the Department may be denied access to documents affecting title to real property that contain an address subject to redaction or nondisclosure, pursuant to Daniel’s Law. 

There is no cost to complete the registration process, and all registrants must maintain their information and immediately inform the Department of any changes to the information in the registration. You may also contact TitleSearch@dobi.nj.gov if you have any questions regarding the registration process.

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company 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.


References