Bulletin: KS2023001

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Bulletin: KS2023001

Bulletin Document
V 2
Date: May 22, 2023
To: All Kansas Issuing Offices
RE: RATES AND/OR FORMS UPDATE - ALTA Policy Forms and Endorsements Filing - New

Dear Associates:

The 2021 ALTA Forms have been approved for use in Kansas, effective May 29, 2023. Here is a list of the policies and endorsements that were approved in this filing:

Kansas 2021 ALTA Forms - effective 05/29/2023

Policies (Arbitration is permitted in Kansas. The arbitration clause is included in this set of policies.)

010-UN ALTA Commitment 7-1-21

011-UN ALTA Short Form Commitment for an ALTA Short Form Residential Loan Policy 7-1-21

9012 ALTA Homeowner's Policy of Title Insurance 7-1-21

9011 ALTA Loan Policy of Title Insurance 7-1-21

9010 ALTA Owner's Policy of Title Insurance 7-1-21

9015 ALTA Expanded Coverage Residential Loan Policy - Assessments Priority 7-1-21

9017 ALTA Expanded Coverage Residential Loan Policy - Current Assessments 7-1-21

9016 ALTA Short Form Expanded Coverage Residential Loan Policy - Assessments Priority 7-1-21

9018 ALTA Short Form Expanded Coverage Residential Loan Policy - Current Assessments 7-1-21

9013 ALTA Short Form Residential Loan Policy - Assessments Priority 7-1-21

9014 ALTA Short Form Residential Loan Policy - Current Assessments 7-1-21

9223 ALTA Operative Law - 2015 Short Form Expanded Coverage Residential Loan Policy - Assessments Priority Addendum 4-2-21

9224 ALTA Operative Law - 2015 Short Form Expanded Coverage Residential Loan Policy - Current Assessments Addendum-4-2-21

9132 ALTA Operative Law - 2012 Short Form Residential Loan Policy Addendum 4-2-21

9225 ALTA Operative Law - 2015 Short Form Residential Loan Policy - Current Violations Addendum 4-2-21

Endorsements

9019 ALTA 3 Zoning 7-1-21

9020 ALTA 3.1 Zoning - Completed Structure 7-1-21

9021 ALTA 3.2 Zoning - Land Under Development 7-1-21

9022 ALTA 3.3 Zoning - Completed Improvement - Non-Conforming Use 7-1-21

9023 ALTA 3.4 Zoning - No Zoning Classification 7-1-21

9024 ALTA 4 Condominium - Assessments Priority 7-1-21

9025 ALTA 4.1 Condominium - Current Assessments 7-1-21

9026 ALTA 6 Variable Rate Mortgage 7-1-21

9027 ALTA 6.2 Variable Rate - Negative Amortization 7-1-21

9028 ALTA 7.1 Manufactured Housing - Conversion Loan 7-1-21

9029 ALTA 7.2 Manufactured Housing - Conversion Owner's 7-1-21

9030 ALTA 8.1 Environmental Protection Lien 7-1-21

9031 ALTA 10 Assignment 7-1-21

9032 ALTA 10.1 Assignment and Date Down 7-1-21

9033 ALTA 11 Mortgage Modification 7-1-21

9034 ALTA 11.1 Mortgage Modification with Subordination 7-1-21

9035 ALTA 11.2 Mortgage Modification with Additional Amount of Insurance 7-1-21

9037 ALTA 12 Aggregation - Loan Policy 7-1-21

9038 ALTA 12.1 Aggregation - State Limits - Loan Policy 7-1-21

9039 ALTA 14 Future Advance - Priority w MML 7-1-21

9040 ALTA 14 Future Advance - Priority wo MML 7-1-21

9041 ALTA 14.1 Future Advance - Knowledge w MML 7-1-21

9042 ALTA 14.1 Future Advance - Knowledge wo MML 7-1-21

9043 ALTA 14.2 Future Advance - Letter of Credit w MML 7-1-21

9044 ALTA 14.2 Future Advance - Letter of Credit wo MML 7-1-21

9045 ALTA 14.3 Future Advance - Reverse Mortgage w MML 7-1-21

9046 ALTA 14.3 Future Advance - Reverse Mortgage wo MML 7-1-21

9047 ALTA 26 Subdivision 7-1-21

9049 ALTA 28.1 Encroachments - Boundaries and Easement 7-1-21

9050 ALTA 30 One-to-Four Family Shared Appreciation Mortgage 7-1-21

9051 ALTA 30.1 Commercial Participation Interest 7-1-21

9052 ALTA 32 Construction Loan 7-1-21

9053 ALTA 32.1 Construction Loan - Direct Payment 7-1-21

9054 ALTA 32.2 Construction Loan - Insured's Direct Payment 7-1-21

9055 ALTA 34.1 Identified Exception and Identified Risk Coverage 7-1-21

9056 STG Post Policy Forgery Endorsement with 2021 ALTA Owner's Policy 7-1-21

9057 STG 2021 ALTA Homeowner's Endorsement 7-1-21

9058 ALTA 47 Operative Law - 2006 Owner's Policy 4-2-21

9059 ALTA 47.1 Operative Law - 2006 Loan Policy 4-2-21

9060 ALTA 47.2 Operative Law - 2013 Homeowner's Policy 4-2-21

9061 ALTA 47.3 Operative Law - 2015 Expanded Coverage Residential Loan Policy Assess Prior 4-2-21

9062 ALTA 47.3 Operative Law - 2015 Expanded Coverage Residential Loan Policy Current Assess 4-2-21

9063 STG Deletion of Paca-Psa Exclusion 7-1-21

9064 STG Amendment of Covered Risk 10 on 2021 ALTA Loan Policy 7-1-2021

Contact PropertyInfo Customer Care or your title production software vendor to get the new forms implemented in your system.

The applicable rates are attached.

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

Bulletins Replaced:
  • None
Related Bulletins:
  • None
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None