Escrow & Title
A 'title search' in Florida is most commonly conducted by:
AThe selling broker
BA title insurance company, title agent, or attorney✓ Correct
CThe county property appraiser
DFREC
Explanation
Title searches in Florida are conducted by title insurance companies, licensed title agents, or attorneys who examine the public records to trace ownership and identify any encumbrances, liens, or defects affecting the title.
Related Florida Escrow & Title Questions
- Florida is primarily a 'title insurance state,' meaning that:
- When a Florida property is purchased at an HOA lien foreclosure sale, does the buyer receive clear title?
- In Florida, the 'ALTA' (American Land Title Association) title insurance policy form provides broader coverage than a standard coverage form. Which of the following is covered by an ALTA policy but NOT a standard policy?
- A Florida property transaction closes on July 1. The annual property taxes of $3,600 have not yet been paid (they are due in November). How does this appear on the Closing Disclosure?
- A Florida buyer discovers after closing that the property has an unpaid mechanics' lien from a prior contractor. If they have an owner's title insurance policy, the insurer should:
- In Florida, 'title by adverse possession' can eventually be converted to 'record title' through:
- Under Florida law, a tax deed sale occurs when a property owner has failed to pay property taxes for how many years?
- A Florida buyer pays the lender 'origination points' at closing. These points:
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