St. Petersburg Title Insurance Attorney
The St. Petersburg title insurance attorneys at Carnal & Mansfield, P.A. handle all aspects of real estate transactions, including writing title insurance for residential and commercial properties. Our St. Petersburg real estate title insurance attorney have practiced real estate law in the area for decades, and we’re well-versed in local real estate practices. With our guidance and expertise, most of our clients do not have to use a separate title insurance company—and ultimately enjoy a highly efficient and cost-effective transaction.
Writing Title Insurance for St. Petersburg Real Estate Buyers
If you are buying real estate, title insurance is essential to protect you in the event of property title defects, which can limit your use of the property and bring about financial loss. The first step to writing a title insurance policy is conducting a search of public records to identify any issues with the property’s title. If we find any problems during the title search, we work to resolve them before you go to closing.
Title insurance comes into play when there are unforeseen problems with a title or other ambiguities that were not found—or could not be found—in the public records. Title insurance will protect you in the following situations:
- Errors or omissions in deeds
- Mistakes in examining records
- Undisclosed heirs
Title insurance is generally issued in the amount of the real estate purchase, and you pay for it at closing as a one-time fee. It lasts for as long as you or your heirs have an interest in the property. If any claims are made against your title, your insurance will cover the costs of defending your title and paying any valid claims.
Title Insurance Coverage Exclusions
In addition to a thorough title search and carefully written title insurance policy, foresight and awareness can help to protect your interests in real estate. That’s because title insurance policies may have various coverage exclusions for situations such as eminent domain – in which the government takes property – or environmental restrictions. Before closing, the St. Petersburg title insurance attorneys will identify and discuss any coverage exclusions with you, as our goal is to protect you and your property from unnecessary risk, harm, and devaluation.
Contact the St. Petersburg Real Estate Title Insurance Attorneys
If you are buying real estate, protecting your investment needs to be at the top of your list of priorities. For help with title insurance and other aspects of real estate transactions, please contact the experienced real estate title insurance attorneys at Carnal & Mansfield, P.A. Our office is located in St. Petersburg, and we represent Florida residents from Palm Harbor to Bradenton.