TITLE INSURANCE:

Most real estate transactions involve one of, if not the most valuable asset you own. Surely, protecting your and your family's piece of mind is on the utmost importance. With this in mind, before you close, you must be sure that "title" (or record ownership) to the property will be free and clear of all defects and encumbrances. Much like other types of insurance protect your property against claims such as fire, wind and flood, Title Insurance protects your property from claims against it, such as:

· Others claiming ownership after you purchase
· Forged documents
· Challenges to past sales transactions in the chain of title
· Liens
· Creditors
· Interests of spouses
· Clerical error at the courthouse when earlier documents were recorded
· Incorrect legal descriptions
· Instruments signed by minors or mentally incompetent persons
· Title taken as a result of an improperly probated will

A Florida attorney can provide title insurance to the purchaser of real estate, providing a guarantee by way of the title insurance policy that you will obtain free and clear title to the correct property. If such an encumbrance is identified, your title insurance will pay for it, up to the purchase price of the property, and/or provide your with a free attorney to eliminate the encumbrance from your property.

Mr. Johnson is an authorized agent for the Attorney's Title Insurance Fund, the most widely recognized and accepted title insurance company in Florida. Unlike many underwriters, Attorney's Title Insurance Fund, Inc. maintains a computer data base of all title insurance policies, which any Fund Agent can access. This way you can easily get a copy of your title insurance policy even if your original closing agent cant be located, or you have lost your closing documents. [..cont..]