Escrow & Title
A 'title opinion' issued by a Florida attorney differs from title insurance in that:
AA title opinion provides financial indemnification against title defects
BA title opinion is the attorney's professional judgment on the state of title but does not provide insurance coverage✓ Correct
CA title opinion is required for all commercial transactions only
DTitle insurance is only available from government agencies
Explanation
A title opinion is an attorney's professional assessment of title based on reviewing the abstract of title. It does not provide financial indemnification for title defects. Title insurance provides actual insurance coverage against covered title losses.
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