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The Atlantic View Title Agency Services the Entire State of Florida. The areas I service in County are Atlantic View Title Agency Services The Entire State Of Florida County composed of three related types of organizations: title agents, abstractors and escrow agents. Title agents are insurance agents who sell a specialized form of insurance called title insurance (see below). Title abstractors are organizations that concentrate on searching and examining (and in some cases accumulating) title records. Escrow agents handle real estate closings, and in many cases are also title agents.
Title insurance is a unique form of insurance. When purchasing a home or other real estate, the purchaser doesn't actually Atlantic View Title Agency Services the Entire State of Florida receive the land itself; they acquire title to the property. This title may be limited by rights and claims asserted by others. Problems with a title can limit the use and enjoyment of real estate, as well as bring financial loss. Title trouble can also threaten the security interest the mortgage lender holds in the property. Protection against title hazards is available through a unique coverage known as title insurance. Unlike other kinds of Atlantic View Title Agency Services the Entire State of Florida insurance that focus on possible future events and charge an annual premium, title insurance is purchased for a one-time payment and is a safeguard against loss arising from hazards and defects already existing in the title.
An important aspect of title insurance is its emphasis on risk elimination before insurance is provided. Title insuring begins with a search of public land records for matters affecting the title to the real estate. The examination of evidence from a search is intended to fully report all material objections to the title. Frequently, instruments that don't clearly pass title are found in the chain, or history, of ownership assembled from the records in a search. These need to be corrected before a clear title can be conveyed.
Through the search and examination process title problems are disclosed so they can be cleared up whenever possible. But even the most careful preventive work cannot locate all the hidden hazards of title.
In spite of all the expertise and dedication that goes into a search and examination, hidden hazards can emerge after completion of a real estate purchase, causing an unpleasant and costly surprise. These surprises can Atlantic View Title Agency Services the Entire State of Florida threaten the purchaser's title to the property. Some examples include a previously forged deed, previously undisclosed heirs with claims against the property and mistakes in the public records.
Title insurance offers financial protection against these and other hidden hazards through negotiation by the title insurer with third parties, payment for defending against a challenge to the title, and payment of claims.
Insurance companies, called title insurers, write title insurance. Title agents, abstractors and escrow agents are all involved in various aspects of the provision of title insurance to purchasers of real property. Atlantic View Title Agency Services the Entire State of Florida Services Insurance Agency LLC ("Tennant" or "Tennant Risk Services") provides professional liability insurance to these organizations.
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