Florida Title Insurance - Title Insurance Attorney
The process of buying and selling real estate is a complicated procedure. One of the most important aspects of every real estate transaction in Florida is obtaining title insurance.
This website was created to help clients understand and provide answers to the most common title insurance questions. Those topics include:
What to know about Title Insurance - The Basics:
When you are refinancing, or after you negotiate a contract for the purchase of real property, one of your next steps is to find a closing/title agent who will issue title insurance for your property. The purpose of title insurance is to eliminate risks of claims against the title to your property or the property that is being transferred to you. Because a standard title insurance policy serves only to protect against some potential losses and damages caused by problems relating to the ownership of the property, you should have and a lender will require you to secure additional coverage. Your title insurance agent will provide such coverage by issuing endorsements to your title insurance policy.
It is important to be careful as to whom you choose as your closing/title agent to issue your title insurance policy. You should solicit the services of an experienced South Florida title insurance attorney in this regard. There are many reasons to use a title insurance attorney, including the fiduciary duty owed to you to make known any discounts/credits to which you may be entitled; a title company might take advantage of your lack of knowledge of these discounts. Also, it is advantageous, in terms of time and expense, to have an attorney on your side in the event a legal issue arises when title is examined or if an issues arises at the closing of your transaction. And finally, title insurance attorneys understand and are familiar with local, tax and probate laws, providing the attorneys with the expertise necessary to advise their clients of the quality of title and to make a determination of what to include in a title insurance policy.
If you have questions about the information on this website or would like to have a discussion about your title insurance matter, please feel free to contact me by email or telephone, 954-458-8655, whichever is most convenient. The consultation is free of charge and confidential.