Is title insurance required?

Yes, title insurance is mandated in Florida.

Who pays for title insurance in Florida?

It is customary for the seller to pay title insurance in Florida. However, this is not set in stone and negotiations can be made. Title insurance policies only require one premium to be paid at closing.

How long is a title insurance policy valid?

An owner’s title insurance policy is valid as long as you or your heirs have an interest in the property. A lender’s title insurance policy is valid until the mortgage is satisfied.