New Mexico Register / Volume XXXVI, Issue 13 / July 15, 2025

 

 

This is an amendment to 13.14.17 NMAC Section 12, effective September 22, 2025.

 

13.14.17.12          FORM 3 -TRANSACTION REPORT:

NEW MEXICO TITLE INSURER STATISTICAL REPORT

FORM 3 - TRANSACTION REPORT

For the Calendar Year Ending December 31, 20__

NEW MEXICO EXPERIENCE ONLY

Insurer

 

 

For an Insurer That Charges or Rates Below the Promulgated Rates

NM Form No.

Trans-action Code

Transaction Type

No. of Trans-actions

Direct Premiums Written

Dependent on Basic Premium Rate?

Direct Premiums As If They Had Been Written at Promulgated Rates

1, 2

0001

Charge for Additional Chain of Title

 

 

No

 

1, 2

0002

Charge for Unusual Complexity

 

 

Yes

 

1

0003

Abstract Retirement Credit

 

 

Yes

 

[none] 2

0004

Loan Policy - Mechanic’s Lien Coverage With Evidence of Priority

 

 

No

 

[none] 2

0005

Loan Policy - Mechanic’s Lien Coverage Without Evidence of Priority

 

 

Yes

 

[none] 1

0006

Owner’s Policy - Mechanic’s Lien Coverage - Filing Period Expired

 

 

No

 

[none] 1

0007

Owner’s Policy - Mechanic’s Lien Coverage - Filing Period Not Expired

 

 

Yes

 

[none] 1

0008

Survey Coverage – Owner’s Policy

 

 

Yes

 

[none] 2

0009

Survey Coverage - Loan Policy

 

 

No

 

[none] 1

0010

Pro Forma Policy – Owner

 

 

No

 

[none] 2

0011

Pro Forma Policy – Loan

 

 

No

 

[none] 1

0012

Duplicate Original Policy

 

 

No

 

none

0013

Cancellation Fee

 

 

No

 

1

0101

Owner’s Policy

 

 

Yes

 

1

0102

Owner’s Policy - With Bulk Rate

 

 

Yes

 

1

0103

Simultaneous Issue - Multiple Owners on Same Land

 

 

Yes

 

1, 2

0104

Replacement Owner’s Policy

 

 

Yes

 

[1] 41

0105

Owner’s Policy After Foreclosure -Completed Foreclosure

 

 

Yes

 

[1] 41

0106

Owner’s Policy After Foreclosure -Terminated Foreclosure

 

 

Yes

 

1

0110

Owner’s Policy - Reissue [(10% Discount)] (3 years or more since previous owner’s policy was issued)

 

 

Yes

 

1

0115

Owner’s Policy - Reissue [(15% Discount)] (2 years or more but less than 3 years since previous owner’s policy was issued)

 

 

Yes

 

1

0120

Owner’s Policy – Reissue [(20% Discount)] (More than one year but less than 2 years since previous owner’s policy was issued)

 

 

Yes

 

1

0125

Owner’s Policy – Reissue [(25% Discount)] (1 year or less since previous owner’s policy was issued)

 

 

Yes

 

2

0201

Loan Policy - Single Issue

 

 

Yes

 

2

0202

Loan Policy - Simultaneous Issue with Owner’s Policy

 

 

No

 

2

0203

Loan Policy - Second Mortgage or Subsequent Issue

 

 

Yes

 

2

0204

Replacement Loan Policy

 

 

Yes

 

2

0205

Loan Policy with Two-Year Claims Made Limitation

 

 

No

 

2

0206

Loan Policy with Two-Year Claims Made Limitation Extension

 

 

No

 

2

0240

Loan Policy – Substitution [and Statutory] Rate (within 3 years – 40%)

 

 

Yes

 

2

0250

Loan Policy - Substitution [and Statutory] Rate (more than 3 years, less than 5 years - 50%)

 

 

Yes

 

2

0260

Loan Policy – Substitution [and Statutory] Rate (more than 5 years, less than 10 years - 60%)

 

 

Yes

 

2

0280

Loan Policy – Substitution [and Statutory] Rate (more than 10 years, less than 20 years - 80%)

 

 

Yes

 

6

0600

Commitment for Title Insurance

 

 

No

 

9

0900

Notice of Availability of Owner's Title Insurance

 

 

No

 

11

1104

Correction/Multipurpose Endorsement

 

 

No

 

11

1105

Renewal, Extension [&] and Partial Release Endorsement

 

 

No

 

11

1106

Extension of Commitment for Title Insurance

 

 

No

 

1, 11

1108

Increase in Coverage

 

 

Yes

 

12

1200

Condominium Endorsement – [All] Assessments Priority

 

 

No

 

13

1300

Planned Unit Development Endorsement – All Assessments

 

 

No

 

13.1

1301

Planned Unit Development Endorsement – Unpaid Assessments

 

 

No

 

14

1400

Variable Rate Mortgage Endorsement

 

 

No

 

15

1500

Variable Rate Mortgage Endorsement - Negative Amortization

 

 

No

 

16

1600

Manufactured Housing Unit Endorsement

 

 

No

 

16.1

1601

Manufactured Housing Unit (Conversion Loan) Endorsement

 

 

No

 

16.2

1602

Manufactured Housing Unit (Conversion Owner’s) Endorsement

 

 

No

 

17

1700

Revolving Credit Endorsement

 

 

No

 

20

2000

Leasehold – Owner’s Endorsement

 

 

No

 

21

2100

Leasehold Loan Endorsement

 

 

 No

 

22, 84

2200

Pending Disbursement Down Date Endorsement

 

 

No

 

23

2300

Pending Improvements Endorsement

 

 

No

 

24

2400

Assignment Endorsement 

 

 

No

 

24.1

2401

Assignment and Down Date Endorsement

 

 

No

 

25

2500

Additional Advance Endorsement

 

 

No

 

26

2600

Partial Coverage Endorsement

 

 

No

 

28

2800

Non-Imputation - Full Equity Transfer Endorsement

 

 

Yes

 

28.1

2801

Non-Imputation – Additional Interest Endorsement

 

 

Yes

 

28.2

2802

Non-Imputation – Partial Equity Transfer Endorsement

 

 

Yes

 

29

2900

Environmental Protection Lien Endorsement

 

 

No

 

30

3000

Condominium Endorsement Unpaid Assessments

 

 

No

 

31

3100

Owner’s Leasehold Conversion Endorsement

 

 

Yes

 

33

3300

Change of Name Endorsement

 

 

No

 

34

3400

U.S. Policy

 

 

Yes

 

41

4100

Limited Pre-Foreclosure Title Insurance Policy

 

 

Yes

 

42

4200

Limited Pre-Foreclosure Title Insurance Policy Down Date Endorsement

 

 

No

 

43

4300

Insuring Around Endorsement

 

 

No

 

44

4400

Revolving Credit -Increased Credit Limit Endorsement

 

 

No

 

45

4500

Residential Limited Coverage Junior Loan Policy

 

 

No

 

46

4600

Down Date Endorsement to Residential Limited Coverage Junior Loan Policy JR1

 

 

No

 

47

4700

Endorsement to Residential Limited Coverage Junior Loan Policy JR2

 

 

No

 

49

4900

Notice of Availability of Future Increase in Coverage and Potential Premium Discounts for Future Policies

 

 

No

 

50

5000

Restrictions, Encroachments and Minerals Endorsement - Loan Policy

 

 

Yes

 

50.1

5001

Restrictions Encroachments, Minerals – Loan Policy Endorsement

 

 

Yes

 

51

5100

Land Abuts Street Endorsement

 

 

No

 

52

5200

Location Endorsement

 

 

No

 

54

5400

Contiguity Single Parcel Endorsement

 

 

No

 

55

5500

Named Insured Endorsement

 

 

No

 

56

5600

Restrictions, Encroachments, Minerals– Owner’s Policy (Unimproved Land) Endorsement

 

 

Yes

 

56.1

5601

Restrictions, Encroachments, Minerals [– Owner’s Policy – (Unimproved Land) Endorsement] Endorsement (Owner's Policy -- Unimproved Land)

 

 

Yes

 

57

5700

Restrictions, Encroachments, Minerals – Owner’s Policy (Improved Land) Endorsement

 

 

Yes

 

57.1

5701

Restrictions, Encroachments, [and] Minerals [(Owner’s Policy -Improved Land) Endorsement]  (Owner's Policy -- Improved Land) Endorsement

 

 

Yes

 

58

5800

First Loss - Multiple Parcel Transactions Endorsement

 

 

No

 

60

6000

[Aggregation Endorsement] Aggregation – Loan Policy –  Endorsement

 

 

No

 

60.1

6001

[Aggregation Endorsement] Aggregation – State Limits – Loan Policy Endorsement

 

 

No

 

61

6100

Foundation Endorsement

 

 

No

 

62

6200

Assignment of Rents or Leases Endorsement

 

 

No

 

64

6400

Zoning - Unimproved Land Endorsement

 

 

Yes

 

64.1

6401

Zoning – Unimproved Land - No Applicable Zoning Ordinances Endorsement

 

 

Yes

 

65

6500

Zoning - Completed Structure Endorsement

 

 

Yes

 

65.1

6501

Zoning – Land Under Development Endorsement

 

 

Yes

 

65.2

6502

Zoning- Completed Structure - No Applicable Zoning Ordinances Endorsement

 

 

Yes

 

65.3

6503

Zoning - Completed Improvement - Legal Non-Confirming Use Endorsement

 

 

Yes

 

66

6600

Contiguity - Multiple Parcels Endorsement

 

 

No

 

67

6700

Access and Entry Endorsement

 

 

No

 

68

6800

Indirect Access and Entry Endorsement

 

 

No

 

69

6900

Utility Access Endorsement

 

 

No

 

70

7000

Commercial Environmental Protection Lien Endorsement

 

 

No

 

71

7100

Reverse Mortgage Endorsement

 

 

No

 

72

7200

Single Tax Parcel Endorsement

 

 

No

 

73

7300

Multiple Tax Parcel Endorsement

 

 

No

 

74

7400

Doing Business Endorsement

 

 

No

 

75

7500

Subdivision Endorsement

 

 

No

 

76

7600

Easement - Damage or Enforced Removal Endorsement

 

 

No

 

76.1

7601

Encroachments - Boundaries and Easements Endorsement

 

 

No

 

76.2

7602

Encroachments - Boundaries and Easements - Described Improvements Endorsement

 

 

No

 

76.3

7603

Encroachments - Boundaries and Easements - Land Under Development Endorsement

 

 

No

 

77

7700

Co-Insurance - Single Policy Endorsement

 

 

No

 

78

7800

Same as Survey Endorsement

 

 

No

 

79

7900

Same as Portion of Survey Endorsement

 

 

No

 

80

8000

Mortgage Modification Endorsement

 

 

No

 

80.1

8001

Mortgage Modification With Subordination Endorsement

 

 

No

 

80.2

8002

Mortgage Modification With Additional Amount of Title Insurance Endorsement

 

 

Yes

 

81

8100

Closing Protection Letter - Single Transaction

 

 

No

 

81.1

8101

Closing Protection Letter - Multiple Transactions

 

 

No

 

83

8300

Construction Loan –Endorsement

 

 

No

 

83.1

8301

Construction Loan – Direct Payment Endorsement

 

 

No

 

83.2

8302

Construction Loan – Insured’s Direct Payment Endorsement

 

 

No

 

84, 22

8400

Disbursement Endorsement

 

 

No

 

85

8500

Identified Risk Coverage Endorsement

 

 

No

 

86

8600

Policy Authentication Endorsement

 

 

No

 

88

8800

Energy Project Leasehold/Easement - Owner’s Endorsement

 

 

Yes

 

88.1

8801

Energy Project Leasehold/Easement - Loan Endorsement

 

 

Yes

 

88.2

8802

Energy Project - Leasehold - Owner’s Endorsement 

 

 

Yes

 

88.3

8803

Energy Project - Leasehold - Loan Endorsement

 

 

Yes

 

88.4

8804

Energy Project Covenants, Conditions & Restrictions - Land under Development - Owner’s Endorsement

 

 

Yes

 

88.5

8805

Energy Project Covenants, Conditions & Restrictions - Land Under Development - Loan Endorsement

 

 

Yes

 

88.6

8806

Energy Project - Encroachments Endorsement

 

 

Yes

 

88.7

8807

Energy Project - Fee Estate - Owner’s Policy Endorsement

 

 

Yes

 

88.8

8808

Energy Project - Fee Estate - Loan Policy Endorsement

 

 

Yes

 

89

8900

Mezzanine Financing Endorsement

 

 

No

 

90

9000

Residential Limited Coverage Modification of Mortgage Policy

 

 

Yes

 

91

9100

Contract Purchaser Conversion Endorsement

 

 

Yes

 

92

9200

Severable Improvements Endorsement

 

 

Yes

 

93

9300

Commercial Lender Endorsement

 

 

Yes

 

94

9400

Tax Credit - Owner's Policy Endorsement

 

 

Yes

 

94.1

9401

Tax Credit - Defined Amount- Owner's Policy Endorsement

 

 

Yes

 

95

9500

Pari Passu - Loan Policy Endorsement

 

 

Yes

 

 

TOTAL:

 

 

 

 

 

Crosscheck with Form 1:

          

Difference:

          

 

Explanation for  Difference (if any):

 

[13.14.17.12 NMAC – Rp, 13.14.17.12 NMAC, 1/1/2021; A/E, 1/24/2024; N, 7/16/2024; A, 09/22/2025]