Talk of The Villages Florida - View Single Post - Am i legally obligated to pay property taxes missed by the title co.?
Thread: Am i legally obligated to pay property taxes missed by the title co.?
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Old 05-12-2020, 03:40 PM
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Quote:
Originally Posted by rgoosman View Post
Read the policy. If it doesn't cover this then what is it for?
Title Insurance does not protect the seller in a real estate transaction. It protects the BUYER, and coincidentally the Lender if there is one. Since the attorney / title agent missed it he may have to pay it to make the buyer whole, but he has full legal rights to pursue the seller for reimbursement.

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