Fund News and Alerts

Join us Tuesday, July 8 (12:00 PM - 1:00 PM) ET This intermediate-level course examines the proper use of Powers of Attorney in Florida, including the proper way for an attorney-in-fact to execute documents and requirements for use by and for business entities and trusts. The program emphasizes a focus on real estate transactions and title insurance requirements, as well as common problems and anti-fraud concerns. Register Now

Earn up to 11.5 CLE credits including 3.0 Ethics credits anytime, anywhere with Fund Assembly On-Demand. Start learning & earning today.  Purchase Now

When you need notary services, look no further than The Fund’s Vendor Marketplace! Learn how CASi, CYNA Notary, GoGreenNotaries, OR Signing Pro, Pardoca Advantage, Remote NotarEZ, Signature Xcel, SIGNiX, and True Closings can support your practice. Check out their Member benefits too! Visit the Vendor Marketplace today.

Looking for Fund-integrated closing software options? Check out all the options in one place on the fund.com. The Closing Software & Fund Integrations page is a great way to see everything at a glance. Learn more about each software. Start exploring your options today!

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

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

For decades, we’ve helped Members successfully close commercial deals throughout Florida. Regardless of your deal’s size or scope, the commercial experience, expertise, and services you need to get it done right are right here.

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

You will not want to miss this year’s REC Luncheon at Fund Assembly featuring an intimate Q&A session with Tim M. Cerio, President, CEO & Executive Director of Citizens Property Insurance Corporation. 

Teach The Fund’s Condo Seminar