Florida Statutes Part XIII - Title Insurance Contracts (Ss. 627.7711-627.798)
- 627.7711 - Definitions.
As used in this part, the term:(1)(a) “Closing services” means services performed by a licensed title insurer, title insurance agent or agency, or attorney agent in...
- 627.776 - Applicability Or Inapplicability Of Florida Insurance Code Provisions To Title Insurers.
(1) In addition to any other provisions of law applicable to title insurers, title insurers are subject to the following provisions of this code:(a) Section 624.406(3) (title...
- 627.777 - Approval Of Forms.
(1) A title insurer may not issue or agree to issue any form of title insurance commitment, title insurance policy, other contract of title insurance, or...
- 627.7773 - Accounting And Auditing Of Forms By Title Insurers.
(1) Each title insurer authorized to do business in this state shall, at least once during each calendar year, require of each of its title insurance...
- 627.7776 - Furnishing Of Supplies; Civil Liability.
(1) A title insurer may not furnish to any person any blank forms, applications, stationery, or other supplies to be used in soliciting, negotiating, or effecting...
- 627.778 - Limit Of Risk.
(1)(a) A title insurer may not issue any contract of title insurance, either as a primary insurer or as a coinsurer or reinsurer, upon an estate,...
- 627.780 - Illegal Dealings In Premium.
(1) A person may not knowingly quote, charge, accept, collect, or receive a premium for title insurance other than the premium adopted by the commission, except...
- 627.782 - Adoption Of Rates.
(1) Subject to the rating provisions of this code, the commission must adopt a rule specifying the premium to be charged in this state by title...
- 627.783 - Rate Deviation.
(1) A title insurer may petition the office for an order authorizing a specific deviation from the adopted premium. The petition shall be in writing and...
- 627.7831 - Commitments; Charges; Collection.
(1) When a title insurance commitment to insure a title or risk is issued at the request of the insured or the insured’s representative, agent, or...
- 627.784 - Casualty Title Insurance Prohibited.
A title insurance policy or guarantee of title may not be issued without regard to the possible existence of adverse matters or defects of title.History.—s....
- 627.7841 - Insurance Against Adverse Matters Or Defects In The Title.
If a title insurer issuing a commitment or policy of title insurance upon an estate, lien, or interest in property located in this state through...
- 627.7842 - Policy Exceptions.
(1)(a) If a survey meeting the standards of practice for surveying required by the Department of Agriculture and Consumer Services and certified to the title insurer...
- 627.7843 - Ownership And Encumbrance Reports.
(1) As used in this section, the term “ownership and encumbrance report” means a report that discloses certain defined documents imparting constructive notice and appearing in...
- 627.7845 - Determination Of Insurability Required; Preservation Of Evidence Of Title Search And Examination.
(1) A title insurer may not issue a title insurance commitment, endorsement, or title insurance policy until the title insurer has caused to be made a...
- 627.785 - Preemption By State.
The regulation of title insurers and title insurance is preempted to the state.History.—s. 11, ch. 65-359; s. 3, ch. 76-168; s. 1, ch. 77-457; ss....
- 627.786 - Transaction Of Title Insurance And Any Other Kind Of Insurance Prohibited.
(1) An insurer may not transact title insurance and any other kind of insurance in this state.(2) Subsection (1) does not apply to any insurer actively transacting...
- 627.7865 - Title Insurer Assessments.
As a condition of doing business in this state, each title insurer shall be liable for an assessment to pay all unpaid title insurance claims...
- 627.791 - Penalties Against Title Insurers For Violations By Persons Or Entities Not Licensed.
A title insurer is subject to the penalties in ss. 624.418(2) and 624.4211 for any violation of a lawful order or rule of the office...
- 627.792 - Liability Of Title Insurers For Defalcation By Title Insurance Agents Or Agencies.
A title insurer is liable for the defalcation, conversion, or misappropriation by a licensed title insurance agent or agency of funds held in trust by...
- 627.796 - Errors And Omissions Policy Requirements.
A title insurance policy may not be issued from a search performed by any person other than a title insurance agent, or an employee of...
- 627.797 - Exempt Agent List.
(1) Every insurer shall file with the department a list containing the name and address of each appointed agent who is exempt from licensure under s....
- 627.798 - Rulemaking Authority.
The commission shall by rule adopt a form to be used to provide notice to a purchaser-mortgagor that the purchaser-mortgagor is not protected by the...
Last modified: September 23, 2016