Title Insurance provides coverage for losses due to defects in the title that occurred prior to new ownership. Coverage included protection against unpaid taxes and liens, judgments against the seller, fraud or forgery on the deed and wills, missing heirs, transfer of title by a minor, or other issues that may go undetected until after closing.

If you are paying cash, you could forgo title insurance, but it is not advisable. There may be defects that may not have been discovered during the title examination. Examples of issues that could potentially affect title are prior forgeries on deeds, wills, missing heirs, defective deeds, claims from prior conveyance of title without the signature of a spouse.

This is negotiable, but typically in Collier County, the buyer pays for Title Insurance and in Lee County the seller pays for the Title Insurance.

Title Insurance rates are issued by the State of Florida and is a one-time cost. The title insurance cost is the same with any title insurance company or attorney's office. The re-issue rate is valid when the most recent title policy is available to the closing office and is within 5 years of last issuance. The insurance lasts as long as you or your heirs retain an interest in the property.

A lender's policy covers the lender up to the loan amount and is always paid by the buyer who is obtaining a mortgage. A lender will require a lender's policy to receive the mortgage.

Title Companies or the Closing Attorney provide an array of services to ensure an smooth and successful closing for both buyer and seller.

Coordinate with realtors, lenders, attorneys, surveyors, inspection companies, insurance agent, and others who are involved in the transaction.

Prepares all documents required by the title commitment

Orders estoppels fr

Facilitates the signing and notary of all closing documents