When you purchase or sell real estate in Florida, you want an experienced and trustworthy title insurance attorney by your side to ensure your rights are protected. Many people do not consider title insurance to be a necessity; however, it is one of the most important aspects of a Florida real estate transaction. Title insurance ensures there are no risks to you if there are any issues with the title to your prospective real estate.
Attorney Richard S. Weinstein has the knowledge and experience to handle any problems with your title should they arise while he prepares for your closing. Buying real estate is a significant investment and you want to be certain there are no liens, adverse claims or defects in title on the property you are buying.
What is Title Insurance?
Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property. Each title insurance policy is subject to specific terms, conditions, and exclusions.
Types of Title Insurance
- Owner’s Title Insurance is usually issued in the amount of the purchase price and protects them from claims contesting their ownership of a property. A property owner does not gain any protection from a lender’s title insurance policy, which will protect only the bank. The owner must purchase their own title insurance policy that will protect the owner if someone claims an interest in their property.
- Lender’s policy which is a called a loan policy is required by lenders when they issue a loan. This type of title insurance only protects the lender should a problem arise. It does not protect the owner.
An owner’s policy protects against:
- Errors of omissions in deeds
- Mistakes in examining records
- Undisclosed heirs
Richard S. Weinstein will have your best interest at hand and ensure you have a clear title to the property. Hiring a title attorney can protect one of the largest investments you will ever make.
With over 40 years experience in the practice of law, attorney Richard Weinstein assists clients with the important financial situations in their lives, as well as civil litigation. Whether you are dealing with bankruptcy, real estate (both commercial and residential, including foreclosures and title insurance), estate planning or probate, or business formations, sales or mergers, Richard Weinstein is the attorney with the experience and knowledge you need! Call us at (561)745-3040 or visit his website at rweinsteinlaw.com.
Law Office of Richard S. Weinstein, P.A.
250 S. Central Blvd. #101
Jupiter, FL 33458
Phone: (561) 745-3040
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