Legal Question in Real Estate Law in Florida

title insurance

I am purchasing a NEW home built by the developer in the Fairwinds, Bonita Springs Florida. I am paying 460,000 and putting down $200,000. There will be lenders title insurance. It is necessary or advise to purchase title insurance for the purchaser in this case.


Asked on 3/04/09, 5:28 pm

1 Answer from Attorneys
Brent Rose The Orsini & Rose Law Firm

Re: title insurance

It's always advisable to purchase title insurance, especially where the property probably hasn't been surveyed for subdivision by anyone but the builder. I'm assuming this is a new development, but, either way, it doesn't change my advise. For $460,000, spend a little extra to be safe. Anyway, I can't imagine your mortgage company will allow the purchase without title insurance.

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Answered on 3/04/09, 6:44 pm


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