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How do I complete the Settlement Agent Certification box?


The settlement agent name is shown as either the attorney issuing the title insurance, the title agent issuing the title insurance, or the designee of either who is performing the closing. The “Florida License Number” line to the right of the settlement agent name can be left blank unless it is being signed by the DFS-licensed title insurance agent in which case the DFS-assigned license number for that agent shall be entered. In the case of an attorney or designee of either, no number is required.

The “Title Agency Holding Funds” field is completed with the name of the DFS-licensed title insurance agency issuing the title insurance policy and/or holding and disbursing escrow funds. In the event an attorney or law firm is issuing the policy and/or holding and disbursing trust account funds, The Fund best practice is to enter the name of the attorney or law firm on this line.

The “Florida License Number” line to the right of the title agency name is completed with the entry of the DFS assigned license number of the title agency. A Fund best practice is to enter the Florida Bar assigned license number of the attorney, but if a law firm is described then no number need be entered.

DoubleTime® will do this automatically once the settlement agent information has been completed for the transaction.