Escrow & Title
A Florida title insurance 'owner's policy' protects the:
ALender's interest in the property
BBuyer's ownership interest against title defects existing at or before closing✓ Correct
CSeller against future claims from the buyer
DProperty against physical damage
Explanation
An owner's title insurance policy protects the buyer's ownership interest against title defects that existed at or before the closing date (but were unknown at closing). It covers things like forged deeds, undisclosed heirs, survey errors, and recording errors. A lender's policy (mortgagee's policy) is separate and protects the lender.
Related Florida Escrow & Title Questions
- A Florida real estate broker who acts as the closing agent holds earnest money in their trust account. The funds remain in escrow until:
- A Florida title insurance policy issued at closing protects against which of the following?
- In Florida's 'race-notice' recording statute, a subsequent purchaser has priority if they:
- In Florida, a 'notice of commencement' in a construction project must be:
- A Florida 'quitclaim deed' transfers:
- In Florida, which party typically pays for the owner's title insurance policy in a standard transaction?
- In Florida, a 'special warranty deed' warrants the title only against claims arising:
- A 'title search' in Florida is most commonly conducted by:
Practice More Florida Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Florida Quiz →