I am no lawyer, but I do know that all provisions of a sales contract (Im talking resale not a new buy from TV) is negotiable meaning Title Insurance may or may not be included as a sellers expense. What is customary practice may also vary between counties within the state of Florida..but again all is negotiable. I would find it rare that the seller is required to pay for the buyers Lenders and owners title insurance...but it could happen! Title search YES..title insurance no!!
Title insurance only covers the lenders loan exposure and the buyers equity. The only time title insurance covers the entire price of the house is if the buyer paid cash. The need for title insurance on a resale or a foreclosure property is MUCH MUCH different than buying a new home from TV.
Suggest you consult a lawyer or a closing agent before you go to the closing table......read up and ask the right questions so you have no surprises !
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