Escrow & Title
In Florida, a 'gap' in title insurance coverage refers to:
AA period of time between closing and the recording of the deed when new liens could attach✓ Correct
BMissing pages in the chain of title documents
CThe difference between the purchase price and appraised value
DAn unpaid mortgage that was not disclosed at closing
Explanation
The 'gap' in title coverage refers to the time between closing (when the buyer pays and receives the deed) and the actual recording of that deed at the courthouse. During this gap, new liens or encumbrances could be recorded that would take priority. Title insurance covers this gap period.
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