Chapter 04 · Sale
Florida Seller's Title Insurance
Who pays for owner's title insurance and how it protects the seller.
Direct answer · 60-second summary
The 60-second version
- Two policies: owner and lender
- Owner (seller) protects buyer
- Lender protects mortgage
- Seller pays Florida custom (negotiable)
- Cost: ~0.21% of price (~$770 / $350K)
- Rates set by State of Florida
- Covers future title claims
- One-time payment, lifetime coverage
Acronyms used in this guide
- F.S. — Florida Statutes
- HOA — Homeowners Association
- COA — Condominium Owners Association
Two policies: owner vs. lender
Owner's title policy: protects new owner against future title losses. Lender's title policy: protects mortgage only.
Owner's policy: seller's protection
Seller pays owner's title insurance (Florida custom, negotiable). Protects buyer (new owner) against title claims arising after closing.
Cost: Florida state rates
Cost determined by State of Florida, uniform rate. Example: $350,000 sale = ~$770 owner's title insurance. One-time payment, covers property lifetime.
Title search + insurance
Title company searches county records (clerk of court) before closing. Search report documents clear title. Insurance covers discovered claims post-closing.
Every figure, rate, threshold, and deadline in this guide is drawn from a verifiable primary source listed at the bottom of the page. The article is updated whenever the underlying rules change, with a fresh review date stamped at the top.
Sources and references
Disclaimer
This guide is for educational purpose only.
For concrete decisions, consult a licensed attorney.