Title Companies
What is Title Insurance?
Title insurance in Florida protects lenders against financial loss from title defects. It guarantees the title of the property is free from hidden liens and problems such as deed errors and omissions, record mistakes, undisclosed heirs, liens, and much more.
There are two basic types of title insurance available in Florida: owner’s title polices and lender’s title policies. An Owner's Title Insurance Policy protects the owners claim and rights to the property whereas a Lender's Title Policy insures the lender they are getting a valid lien on the subject property in the priority they specify.
Some of the hidden risks having an owner's title policy will protect you against are:
- Forgery
- Fraud
- Undisclosed or missing heirs
- Inadequate surveys
- Incorrect legal descriptions
- Issues pertaining to the Will or Probate of a deceased owner
- Clerical errors in the documents
- Liens
- Incorrect signatures
- Deeds executed under false or expired powers of attorney
- And Many, Many more!
610 Sycamore Street, #190
Celebration, FL 34747
Office: 407-566-0776
Fax: 407-566-0585