In response to the above-referenced concern, ITG has agreed to modify the requirement populating on Schedule B – Part I, Requirements section of commitments to read as follows:
Confirmation that the county recorder and courthouse are processing filings and permitting abstractor access to perform necessary final title searches through the date of the vesting deed and/or guaranteed mortgage filing.
Accordingly, Section 2 of the original e-bulletin dated March 18, 2020, as amended by e-bulletin dated March 23, 2020, and clarified by e-bulletin dated March 27, 2020 shall be omitted in its entirety and replaced with the following:
2. COVID-19 COMMITMENT REQUIREMENT
Effective immediately and until further notice, the following requirement will appear as a record requirement in Section 4 of Schedule B – Part I on all ITG commitments:
Confirmation that the county recorder and courthouse are processing filings and permitting abstractor access to perform necessary final title searches through the date of the vesting deed and/or guaranteed mortgage filing.
If the county recorder or courthouse are not processing filings or permitting abstractor access to public records, Iowa Title Guaranty reserves the right to raise exceptions or requirements or determine that a certificate may not be issued due to any changes, disruptions or delays in recording and abstractor title search capabilities resulting from COVID-19 outbreak and global pandemic and/or the implementation of Iowa’s State Disaster Emergency Plan in response thereof.