The interesting thing is that when you purchase a new home through the developer, you have a choice about buying title insurance. When you are selling your home in TV, you are required to buy title insurance for the Buyer. The attorneys and title companies in this area tell you that this is "customary" in Florida, but that is not the case. I sold 4 properties in other parts of Florida, and was not asked or expected to purchase title insurance for the Buyers. Incidentally, the attorney and/or closing agents earn up to 40% of the title insurance premium as their "commission" for writing the policy.
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