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  • What is Title?  
Title refers to the rights to a piece of property in which a party may own either a legal interest or equitable interest. It also refers to a formal document, such as a deed, that serves as evidence of ownership of said property.

  • What is Title Insurance and why do you need it?
It is strongly recommended that all Buyers in a real estate transaction obtain title insurance at the time of closing. Title insurance protects the purchaser and mortgage lender against defects or problems with a title when there is a transfer of property ownership. Many properties have hidden title defects that may arise after several transfers of ownership have occurred. If a title dispute arises during a sale, the title insurance company may be responsible for paying specified legal damages, depending on the policy specifications. Most lenders require title insurance to be purchased to protect the loan and it is highly recommended that buyers purchase an owner’s policy of title insurance to protect their own personal interests. Title insurance is purchased at the time of closing and remains active throughout the ownership of the property, so long as the manner in which title was taken, remains the same.


  • What is a closing?
The closing or settlement process is a series of steps taken in a real estate transaction in which real property is transferred from a seller to a buyer and a mortgage lien may be given to secure a debt. 


  • What does title insurance cover?
A lender's policy only protects the lender's interests, not yours. And, it only goes into effect if the lender takes possession of the property through foreclosure or some other means. 

A basic owner's policy, such as the one we offer, protects you against issues that occurred prior to your purchase date, but have not yet been discovered. For example, it can protect you from previous owners making a claim of ownership on the property, or a special assessment, lien or unpaid property tax that was not found at the time of purchase when the title and lien searches were conducted.
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  • Who attends a closing? 
Face-to-face closing are most common, although as of January 2020, virtual closings and notarization have been approved in the state of Florida. The parties in attendance are usual the Buyer, the Seller, the real agents representing the buyer and seller, and the closing agent

  • Where is closing held?
Closings are usually held at a title company’s office. Our job as a title agent is to confirm the current legal owner of the property, reveal any mortgages, liens, judgments or unpaid taxes on the property, and identify any restrictions that may affect the sale of the property. Any problems need to be corrected before a buyer can receive "clean title”.


  • What do you need to bring to the closing? 
  1. The Buyer is usually responsible for bringing the following to closing:
  2. ​Payment of cash to close - Usually done via wire transfer
  3.  Approval Certificate from the Homeowner’s Association, if needed
  4. Two methods of identification


  • The Seller is usually responsible for bringing the following to closing:
  1. Two methods of identification
  2. Keys to the property, common areas, garages, etc.

  • Any warranties for appliances of other household items to be transferred in the transaction. ​What happens at closing?
In a closing transaction, both the Buyer and seller will execute several documents. The closing agent will review all of the closing costs associated with the sale/refinance of the property, and will answer any questions the parties may have. Once all documents are signed and all monies have been paid, possession is transferred and the buyer receives the keys to the subject property.



  • ​Frequently-used documents include:
  1. Closing Disclosure statement - details all funds changing hands between the buyer and seller
  2. Mortgage note - a legal obligation to repay the lender according to stated terms
  3. Deed of trust - the legal transfer of ownership; gives the lender a claim against your home if you fail to meet the terms of the mortgage note
  4. Affidavits - any binding statements by the buyer or seller

14400 NW 77th ct, #200          miami lakes, fl 33016          (305) 400-4425