Title Insurance

Kelley, Grant, & Tanis, P.A. is a leading provider of title insurance and real estate settlement services throughout the State of Florida. Our Firm handles all sizes and types of real estate closings including commercial, residential, multi-unit, and refinancing transactions.

Having worked with a diverse client base of real estate brokers, agents, investors, property managers, and hedge funds, our Firm is able to provide customized and cost-effective services for every type of client. In addition, our attorneys are able to provide Buyer and Seller representation as well as escrow deposit services.

By utilizing Kelley, Grant, & Tanis, P.A. buyers and sellers can feel at ease knowing their transaction is being handled by attorneys with a broad array of transactional and litigation experience. As agents for The Fund and Westcor Land Title Insurance Company, we have the resources available to close any deal, anywhere, and at any time at the lowest cost. By offering other ancillary services such as lease drafting, inexpensive and quick evictions, and security deposit litigation, we provide small and large investors the comfort of knowing that all of their legal needs can be handled expeditiously in-house.

In addition, we pride ourselves on being able to meet or beat any prices that other title companies or law firms may offer. Our flat rate fees allow our clients to better calculate the net costs and profits from their transactions.

We welcome you to browse our website and contact us with any questions you may have regarding our Firm and the services we provide. Don’t hesitate to reach out to us to request a free preliminary HUD.

Title Insurance FAQs

What is title insurance, and why is it important?

Title insurance protects buyers and lenders from financial loss due to defects in a property’s title, such as liens, fraud, or undisclosed ownership claims. It ensures that the buyer receives clear ownership and prevents costly legal disputes after closing.

How does title insurance differ from homeowner’s insurance?

While homeowner’s insurance covers physical damages to the property from events like fire or storms, title insurance safeguards against legal and financial risks related to ownership disputes, unpaid liens, or recording errors that may arise after purchase.

What are the two types of title insurance policies?

There are owner’s title insurance policies, which protect the homebuyer’s ownership rights, and lender’s title insurance policies, which protect the mortgage lender’s investment. While lender’s policies are typically required for financing, owner’s policies provide long-term protection for buyers.

Is title insurance required in Florida?

Florida law does not mandate title insurance, but most mortgage lenders require a lender’s policy to protect their investment. Although an owner’s policy is optional, it is highly recommended to protect buyers from unforeseen title issues.

What does title insurance cover?

It covers a wide range of title defects, including unpaid taxes, undisclosed heirs, fraudulent deeds, forged signatures, and errors in public records. It ensures buyers are protected from claims that could impact ownership rights.

How long does title insurance coverage last?

A lender’s policy remains in effect until the mortgage is fully paid off. An owner’s policy, on the other hand, lasts as long as the buyer or their heirs own the property, providing lifelong protection against covered title defects.

How much does title insurance cost in Florida?

Florida regulates title insurance rates based on the property’s purchase price, meaning premiums are relatively consistent across providers. The cost is typically a one-time fee paid at closing, with no ongoing premiums.

Who pays for title insurance in Florida?

Payment responsibilities vary by county and negotiation. In some Florida counties, sellers customarily pay for the owner’s policy, while in others, buyers are responsible. However, this can be negotiated as part of the sales contract.

What happens if a title issue is found before closing?

If a title search uncovers defects like outstanding liens or ownership disputes, they must be resolved before the transaction can proceed. The title company works to clear these issues, ensuring the buyer receives a clean title at closing.