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  Good Things to Know About Void and Voidable Title 08/01/2025
  The terms good title, marketable title, void and voidable title are often used when referring to the status of title to real property. Good title is an implied condition of a contract for the sale of land in that the seller must convey good, marketable title with no encumbrances. As a result, it’s important to recognize and understand the distinction between void and voidable title, and its impact on the marketability of the title and the issuance of a title policy. This article provides an overview of what constitutes void and voidable title, as well as the insuring guidelines that must be considered when dealing with a void or voidable title. Read the article
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  New Closing Software Buyer’s Guide 07/01/2025

  To help you find the best closing software “fit” for your office, we’ve created a Closing Software Buyer’s Guide that includes a range of questions like:

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  Get a Jump on QPRTs 07/01/2025

  When title to real property is held by the trustee of a Qualified Personal Residence Trust (QPRT), Fund Members are sometimes surprised that a Commitment involving a QPRT requires review of the QPRT agreement by the title examiner prior to completion of the Commitment. Title issues involving the ability to rely on the Sec. 689.073, F.S., statutory trustee powers, homestead concerns, and who needs to execute the deed from the QPRT, all cannot be determined until the QPRT agreement has been reviewed. To understand why such review is necessary, the Fund Member must first know what a QPRT is to understand the need to “get a jump” on having the QPRT reviewed. The goal of this article is not to delve into the complex tax ramifications of a QPRT, but rather to provide a general understanding of what a QPRT is, how it works, and what is necessary to insure title. Read the article

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  The Florida Construction Loan Update Endorsement: Its Purpose and Proper Use 06/02/2025

  Issuing a title insurance policy insuring a loan on Florida real property may involve endorsing the loan policy post-closing as construction of improvements on the land progresses. This is where the Construction Loan Update endorsement (CLU) comes into play. Unlike most other endorsements providing affirmative coverage to the policy, the CLU is issued after closing when disbursements from loan funds to pay the contractor, called “draws,” are requested. The CLU is designed to help the lender ensure that its requirements, allowing the periodic payments of the construction loan to the contractor during construction, are met. The Florida version of the CLU is not unique, but the version authorized for use in Florida differs significantly from the American Land Title Association (ALTA) forms used in other parts of the country. Read the article

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  New Anti-Money Laundering Regulations for Residential Real Estate Transfers 05/01/2025

  As a result of Financial Crimes Enforcement Network’s (FinCEN) most recent anti-money laundering effort, a new Residential Real Estate Rule (the Rule) will take effect on Dec. 1, 2025. Many closing agents in certain Florida counties are already familiar with the Geographic Targeting Orders (GTOs) and have become accustomed to reporting certain cash purchases to FinCEN already. Beginning Dec. 1, 2025, all non-financed transfers to entities or trusts for residential real property in all U.S. states, Washington D.C., Puerto Rico, U.S. territories, and Native American land are to be reported to FinCEN, and the reporting requirements under the GTOs will be eliminated. Read the article

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  2024 Sightings of Florida’s ‘Legal Chameleon’ 04/01/2025

  By way of background, Florida’s homestead exemption laws have been compared by legal scholars and courts to a chameleon “which changes color to accord with the background against which it is viewed.” Crosby and Miller, Our Legal Chameleon: The Florida Homestead Exemption, 2 U. Fla. L. Rev. 12 (1949). Read the article

  
   
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  Close Seamlessly with Fund Integrations 04/11/2024

  Did You Know? Fund integrations with closing software can be used to place, check and receive orders, CPLs and jackets, and submit and pay policies seamlessly. Talk about a time saver!

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  Addressing Title Objections to Plats 03/03/2025

  This article is the fourth in a series of articles addressing specific title objections that may arise from a lender or borrower’s counsel. Like its predecessors, this article is designed to help Fund Members analyze the merits of specific objections and provide potential resolutions. Read the article

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