What is Title Insurance?

Written policy that will give you peace of mind and protect you against possible claims that might cause a problem for the buyer and seller in the chain of title.

Do I need title insurance in Florida?

You do, and your issues are not always covered by the Lender’s Title Policy.  Please read the other FAQs below to learn more.

How will a title search help me?
Title searches will reveal any title defects and liens (loans) against the property, along with encumbrances (physical obstruction) and restrictions that might delay your closing. These can include existing (and often unknown!) mortgages, unpaid taxes, outstanding judgments or restrictions limiting land use.

The Title Company uses this search to clear all known liens and judgments affecting the title to the property. It positions itself to issue a title insurance policy, insuring title is clear when transferred to the new buyer.

How does Title Insurance protect me?

Not all information may be revealed during a title search.  For example, a party mis-representing their legal or marital status, fraud, forgery, mental incompetence, a legal name mixup, a clerical records error, or a deed that has not been properly cleared in the past, can all be considered title defects that may not show up for years. As these defects can arise after you’ve completed your transaction, without Title Insurance they can jeopardize your right to ownership or sale.

How does Title Insurance protect me if there's a claim against my property?

According to the terms of your policy, valid claims will reimburse you for your actual loss up to the amount of the policy.  In the meantime, you will receive legal support, plus all court costs and fees.  You will be supported throughout this process.

Who pays for title insurance in Florida? Is the buyer or seller responsible for title insurance?

The cost is negotiable on the contract, and it varies from county to county as to which is customary.

* The information you are reading on this web site is general, so please don’t rely on it for legal, financial, or tax advice. Please consult with your own advisors before you participate in a business transaction.