| 2004 TEXAS
TITLE INSURANCE BIENNIAL
RULE HEARING AGENDA ITEMS
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Agenda Item #2004-01 AS
ADOPTED
Agenda Item #2004-01
Filed by: Texas Land Title Association
Date filed:Sept.7, 2004
Amends: Limited Pre-Foreclosure Policy Form T-40 to change the number of the
form.
Agenda Item #2004-02 AS ADOPTED
Agenda Item #2004-02
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: Limited Pre-Foreclosure Policy Down Date Endorsement Form T-41 to
change the number of the form and make other conforming amendments.
Agenda Item #2004-03 AS ADOPTED
Agenda Item #2004-03
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: Procedural Rule P-43 to make conforming changes based on
amendments to the Limited Pre-Foreclosure Policy and Limited Pre-Foreclosure
Policy Down Date Endorsement.
Agenda Item #2002-04 AS ADOPTED
Agenda Item #2002-04
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: Verification of Services Rendered Form T-00 by updating and
clarifying the form to comply with new and existing reporting requirements.
Agenda Item #2004-05
AS ADOPTED
Agenda Item #2004-05
AMENDED
Filed by: Texas Land Title Association
Date filed: Dec. 8, 2004
Amends: Endorsement Instruction in Section II of the Basic Manual of
Rules, Rates and Forms for the Writing of Title Insurance in the State of Texas
and Procedural Rule P-8 to allow for issuance or affirmation of coverage under
Forms T-19 or T-19.1 upon completion of contemplated improvements.
Agenda Item #2004-06 AS ADOPTED
Agenda Item #2004-06
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Procedural Rule (P-__) regarding recodification of the Texas
Insurance Code.
TLTA Position: Support
Agenda Item #2004-07 AS ADOPTED
Agenda Item #2004-07
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: First Loss Endorsement Form T-14 to conform to a new American
Land Title Association form and to eliminate the 10% threshold loss requirement.
Agenda Item #2004-08 AS ADOPTED
Agenda Item #2004-08
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Assignment of Rents/Leases Endorsement (Form T-__)
Agenda Item #2004-09 AS ADOPTED
Agenda Item #2004-09
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Procedural Rule (P-__) for the proposed new Assignments of
Rents/Leases Endorsement.
Agenda Item #2004-10 AS ADOPTED
Agenda Item #2004-10
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Repeals: Adjustable Mortgage Loan Endorsement Form T-33 and
Adopts: New Variable Rate Mortgage Endorsement Form - Negative Amortization
Endorsement Form T-33.1 to conform to American Land Title Association Forms.
Agenda Item #2004-11 AS ADOPTED
Agenda Item #2004-11
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: Procedural Rule P-9 to conform to the issuance of the proposed
new Variable Rate Mortgage-Negative Amortization Endorsement.
Agenda Item #2004-12 AS ADOPTED
Agenda Item #2004-12
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: Texas Short Form Residential Mortgagee policy - One-to-Four
Family Form T2R to conform to the issuance of the proposed new variable rate
mortgage endorsements and other endorsements.
Agenda Item #2004-13
DISAPPROVED
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Procedural Rule (P-__) regarding deletion of exception to marital
rights.
TLTA Position: Support
Agenda Item #2004-14 AS ADOPTED
Agenda Item #2004-14
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Condominium Endorsement (Form T-__)
Agenda Item #2004-15 AS ADOPTED
Agenda Item #2004-15
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Amends: Procedural Rule (P-9) to add a new subparagraph b.(15) to conform to
the issuance of the proposed new Condominium Endorsement Form.
Agenda Item #2004-16
DISAPPROVED
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Survey Endorsement (Form T-__) to insure that the surveyed land
is the same as the insured property.
Agenda Item #2004-17
DISAPPROVED
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Adopts: New Procedural Rule (P-__) for the proposed new Survey Endorsement (Form T-__).
Agenda Item #2004-18 AS ADOPTED
Agenda Item #2004-18
Filed by: Texas Land Title Association
Date filed: Sept.7, 2004
Repeals: certain Bulletins in the Basic Manual of Rules, Rates, and Forms for
the Writing of Title Insurance in the State of Texas.
Agenda Item #2004-19
DISAPPROVED
Filed by: Sierra Title
Company
Date filed: Nov.15, 2004
Amends:
Procedural Rule P-24, Payment for Services Rendered by a Title Insurance
Company, Title Insurance Agent, or Direct Operation to Another Title Insurance
Company, Title Insurance Agent, or Direct Operation.
Agenda Item
#2004-20 AS ADOPTED
Agenda Item
#2004-20
Filed by: Sierra
Title Company
Date filed: Sept.7, 2004
Amends:
Procedural Rule P-16, Mortgagee Title Policy Binder on Interim Construction Loan
(Interim Binder) to re-define situations in which an Interim Construction Binder
may be issued.
Agenda Item
#2004-21 AS ADOPTED
Agenda Item
#2004-21
Filed by:
Fidelity National Title
Insurance Company/Alamo Title Insurance
Date filed: Sept.7, 2004
Adopts:
New
Texas Master Indemnity Agreement (Form T-__)
Agenda Item
#2004-22 AS ADOPTED
Agenda Item
#2004-22 AMENDED BY TLTA
Filed by: Texas Land Title Association
Date filed: Dec.14, 2004
Amends:
Procedural Rule P-11 to conform to the proposed new Texas Master Indemnity
Agreement Form.
Agenda Item
#2004-23 AS ADOPTED
Agenda Item
#2004-23 AMENDED
Filed by: Southern
Title Insurance Corporation
Date filed: Nov. 22, 2004
Amends:
the
Texas Title Insurance Statistical Plan.
Agenda Item
#2004-24 AS ADOPTED
Agenda Item
#2004-24 AMENDED
Filed by: Southern
Title Insurance Corporation
Date filed: Oct. 26, 2004
Amends:
Administrative Rule L-1, Title Insurance Agent.
Agenda Item
#2004-25
AS ADOPTED
Agenda Item
#2004-25 AMENDED
Filed by: Southern
Title Insurance Corporation
Date filed: Oct. 26, 2004
Amends:
Administrative Rule L-2, Title Escrow Officer.
Agenda Item
#2004-26 AS ADOPTED
Agenda Item
#2004-26 AMENDED
Filed by: Southern
Title Insurance Corporation
Date filed: Oct. 26, 2004
Amends:
Procedural Rule P-58, Report on Directly Issued Policy.
Agenda Item
#2004-27 DISAPPROVED
Filed by: Southern
Title Insurance Corporation
Date filed: Nov. 22, 2004
Amends:
Procedural Rule P-21, Additional Requirements for Contents of Commitment for
Title Insurance.
Agenda Item
#2004-28 DISAPPROVED
Filed by: Southern
Title Insurance Corporation
Date filed: Oct. 26, 2004
Amends:
Procedural Rule P-1.f, Definitions Closing the Transaction.
Agenda Item
#2004-29 WITHDRAWN
Filed by: South
Texas Housing Development Corporation
Date filed: Sept.7, 2004
Amends:
Regarding exceptions from coverage in the forms of title insurance policies as
they relate to “filled-in lands.”
Agenda Item
#2004-30 & #2004-31 AS ADOPTED
Agenda Item
#2004-30 AMENDED BY TAR
Amendment Filed by: Texas Association of Realtors
Date filed: Dec. 14, 2004
Amends:
Procedural Rule P-53,
Rebates and Discounts Prohibited.
Agenda Item
#2004-32 DISAPPROVED
Filed by: Thomas J.
Bond
Date filed: Sept.7, 2004
Amends:
Procedural Rule P-12, Abstract Plants.
TLTA Position: TLTA supports TDI's
formation of the
P-12 working group and will defer our position until study is concluded.
Agenda Item
#2004-33 AS
ADOPTED
Agenda Item
#2004-33 AMENDED BY TLTA
Amendment
Filed by: Texas Land Title Association
Date filed: Dec. 8, 2004
Amends:
Procedural Rule P-1, Definitions, aa. Directly Issued Policy and cc. Commitment
for Title Insurance.
Agenda
Item #2004-34 AS ADOPTED
Agenda
Item #2004-34
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends:
Minimum Standards,
Specific Instructions and Report Forms for Audit of Trust Funds Required
of Texas Title Insurance Agents, Direct Operations, Title Attorneys and
Attorneys Licensed as Escrow Officers.
Agenda
Item #2004-35 AS ADOPTED
Agenda
Item #2004-35
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Repeals: existing and
Adopts: a New Policy Guaranty Remittance Form (T-G1) in Section V of the
Basic Manual.
Agenda
Item #2004-36 AS ADOPTED
Agenda
Item #2004-36
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends:
Procedural Rule
P-28, Requirements for Continuing Education for Title Agents and Escrow
Officers.
Agenda
Item #2004-37 WITHDRAWN
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Adopts:
New
Procedural Rule (P-__), Regarding persons or entities using the word
“Title” in the name of their businesses.
Agenda
Item #2004-38 AS ADOPTED
Agenda
Item #2004-38
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends:
Section VI, Administrative Rules of the Basic Manual.
Agenda
Item #2004-39 AS
ADOPTED
Agenda
Item #2004-39 AMENDED BY TLTA
Amendment
Filed by: Texas Land Title Association
Date filed: Dec. 8, 2004
Adopts:
New
Procedural Rule (P-__), Regarding the Timely Issuance of Title Policies.
Agenda Item #2004-40 AS ADOPTED
Agenda Item #2004-40
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Adopts:
New
Procedural Rule (P-__), Regarding the Licensing and Location of Title
Agents and Direct Operations.
Agenda Item #2004-41 AS ADOPTED
Agenda Item #2004-41
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends:
Mortgagee Title
Policy Binder on Interim Construction Loan Form (T-13) to clarify number
references.
Agenda Item #2004-42 AS ADOPTED
Agenda Item #2004-42
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends:
Procedural Rule
P-21, Additional Requirements for Contents of Commitment for Title
Insurance to conform the procedural rule with the Commitment for Title
Insurance.
Agenda Item #2004-43 AS ADOPTED
Agenda Item #2004-43
Filed by: Texas Department of Insurance
Date filed: Sept.7, 2004
Amends: the Texas Title Insurance Statistical Plan
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