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DFS Clarifies Title Insurance Ruling
TALLAHASSEE, Fla. – Feb. 11, 2016 – Florida Realtors® received an update on a ruling this week regarding payment of estoppel certificate fees.
Earlier this week, Florida Realtors reported on a Florida Department of Financial Services (DFS) ruling that prepayment for estoppel certificates prepared by community associations – condominiums and HOAs – is an unlawful inducement to the placement of title insurance. The information was included in a letter from the Florida Division of Agent and Agency Services. Click here to continue reading.