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A lot of complaints from closers have been coming in about the time it is taking to obtain payoff information, especially from condominium associations. When I contacted some condominium association friends for information, I received a howler! Apparently, it is not the estoppel information that is taking so much time, it is the buyer’s [...] If there is a theft from your escrow or trust account, is your law firm, title agency, real estate brokerage, or mortgage company covered under your insurance or bonds? Most professionals have a Professional Liability policy (title agencies’ policies are often called an Errors and Omissions policy). These policies cover claims involving the activities [...] Check out the Florida Title Insurance Study Advisory Council’s Final Report at http://www.flgov.com/pdfs/tisac_final_report.pdf |
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