BULLETIN TO TEXAS TITLE AGENTS AND DIRECT OPERATIONS: The policy guaranty fee has been suspended effective as of January 1, 2018. Consequently, you will not collect policy guaranty fees in connection with any closing that occurs during the 2018 calendar year. Policy guaranty fees collected in 2017 must still be remitted to TTIGA per the 2017 schedule below.
Every Texas Title Agent or Direct Operation is required to collect a policy guaranty fee for each owners and lenders title insurance policy issued from 2004 through December 31, 2013 and again from April 1, 2016 through December 31, 2017. These fees must be remitted quarterly to TTIGA with a remittance form (below). The amount of the fee is set by TTIGA's Board of Directors and, for policies issued between April 1, 2016 and December 31, 2017 the fee is $3.00 per policy. Guaranty fee amounts for the years 2004-2013 are listed below.
2017 Guaranty Fee Due Dates are as follows:
Calendar Quarter Ending Remittance Due Dates
March 31, 2017 May 1, 2017
June 30, 2017 August 1, 2017
September 30, 2017 November 1, 2017
December 31, 2017 February 1, 2018
FORMS FOR GUARANTY FEE IN EFFECT FROM APRIL 1, 2016 THROUGH DECEMBER 31, 2017:
GF Remittance Form-PDF FILLABLE
GF Remittance Form-Print and Hand-write
Frequently Asked Questions (FAQs)--please read before filling out the form:
Frequently Asked Questions about the Guaranty Fee
***************OLD FORM FOR STRAGGLERS*****************
Because the Guaranty Fee was in hiatus (set to zero during 2014-2015 and 1Q16), you may still come across fees that were "collected" at closing in prior years/quarters for $2, $5 or $1, but were not remitted to TTIGA because it wasn't funded or for some other reason. These fees are called "Stragglers" by TTIGA. Remit them with the old $2, $5, or $1 form (below) with the quarter dates set to the proper quarter (i.e. if collected in October 2012, then put the dates of Oct. 1 through Dec. 31, 2012 and that they were due Feb. 1, 2013) on the form. Also write at the top "Straggler" or "Supplemental" although we have already done that for you on the forms below. Send them in as soon as you know about them. They are not to be remitted with the GARC fees, because the fees are deposited in different accounts; however, they can be remitted with the new Guaranty Fee form to be remitted beginning April 1, 2016. Thank you.
FORMS FOR STRAGGLERS 2004-2013:
For Stragglers--see the corresponding dates for the proper fee rate:
GF Remittance Stragglers 2012-2013 $2.00
GF Remittance Stragglers 2Q2008-2011 $5.00
GF Remittance Stragglers 2004-1Q2008 $1.00
**************OLD FORM FOR STRAGGLERS*****************