You are never required to use the DFS-H1-2146 form. You are, however, required to comply with Rule 69B-186.008, F.A.C. Escrow Disbursements which went into effect on Oct. 28, 2015. The rule requires the comparison of inaccurate title insurance rates found on the CFPB’s Closing Disclosure form with the actual promulgated rates required in Florida. The rule also requires the use of specific language and signatures for buyers, sellers and settlement agents in all transactions where title insurance will be issued. Use of this form assures compliance with the rule! It provides a “safe harbor”!
When using the form for cash, commercial real estate, and other transactions which do not involve the CFPB’s Closing Disclosure, the table on the form may be left blank or crossed out.