Get Stg Request For Approval To Issue Overlimits (large ... - Stewart Title 2020-2025

Filling out the STG Request For Approval To Issue Overlimits is an important process when dealing with large transactions in title insurance. This guide will provide you with clear, step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to successfully complete your request form.

1. Press the ‘Get Form’ button to access the form and open it for editing.
2. Begin by filling in your name in the designated area for the person requesting approval. Make sure to provide accurate details as this will identify who is making the request.
3. Next, enter the name of the title insurance agent or company, including the city and state, in the specified fields.
4. In the section for contact information, provide your telephone number, fax number, and email address for any necessary communication.
5. Specify the title, file, or order number along with the property address for which the approval is being requested.
6. Complete the premium section only if applicable for transactions of $15,000,000 and over. Fill in the amounts for total premiums, amounts remitted, and specify per thousand charges.
7. Provide the date range for when the title was searched and examined. Exclude any starter period that is not part of the search.
8. If there is a starter involved, fill in the prior company and effective date, and check if you are requesting an owner's policy or a loan policy.
9. List the policy forms, types, insured, and policy amounts clearly. Ensure to attach any necessary documents, such as commitments.
10. Offer a detailed description of the property, such as its type (e.g., undeveloped, apartments) and any additional specifics.
11. In the transaction and purpose section, describe the nature of the transaction and the financing purpose in clear and concise terms.
12. Provide information about the grantor or mortgagor and any authorities. If applicable, address any potential or existing conflicts of interest.
13. If you are requesting endorsements, check appropriate boxes and attach a detailed list if necessary.
14. Respond to any relevant questions regarding construction, liens, easements, and other risks detailed in the form. Write 'Yes' and provide explanations where necessary.
15. At the end of the form, provide a review opinion agreement from a title examiner or senior underwriter, ensuring compliance with guidelines.
16. Finally, make sure to save your changes, download a copy, or print the completed form for your records or further sharing.

Complete your STG Request For Approval To Issue Overlimits online today!