The Process

Why Title Insurance?

Owning real estate is one of the most precious values of freedom in this country. You want the assurance that the property you are buying will be yours. Other than your mortgage holder, no one else should have any claims or restrictions against your home.

Title insurance is issued after a careful examination of the public records. But even the most thorough search cannot absolutely assure that no title faults are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search. Title insurance eliminates any risks and losses caused by faults in title from an event that occurred before you owned the property.

Title insurance is different from other types of insurance in that it protects you, the insured, from a loss that may occur from matters or faults from the past. Other types of insurance such as auto, life, or health cover you against losses that may occur in the future. Title insurance does not protect against any future faults, but does protect you from risks or undiscovered interests. Another difference is that you pay a one-time premium for a policy that remains effective until the property is sold to a new owner - even if that doesn't occur for decades.

What is a Lender's Policy?

A lender's policy, also known as a loan policy or a mortgage policy, protects the lender against loss due to unknown title defects. It also protects the lender's interest from certain matters which may exist, but may not be known at the time of the sale.

This policy only protects the lender's interest. It does not protect the purchaser. That is why a real estate purchaser needs an owner's policy. 

What is an owner's policy?

An owner's policy protects you, the purchaser, against a loss that may occur from a fault in the ownership or interest you have in the property. You should protect the equity in your new home with a title policy. 

What does an owner's policy provide?

Protection from financial loss due to demands that may be charged against the title to your home, up to the cost of the title policy.

Payment of legal costs if the title insurer has to defend your title against a covered claim.

Payment of successful claims against the title to your home covered by the policy, up to the cost of the policy. 

Why the seller needs to provide title insurance?

Any purchaser will need evidence that his investment in your property is free of title defects. The title insurance policy that you provide the purchaser is a guarantee that you are selling a clear title to your real estate, unencumbered by any legal attachments that might limit or jeopardize ownership. It will reassure your purchaser that he or she is protected from any risks or losses and could help you close your deal. 

Why the buyer needs title insurance?

Without title insurance, you may not be fully protected against errors in public records, hidden defects not disclosed by the public records, or mistakes in examination of the title. As a result, you may be held fully accountable for any prior liens, judgments or claims brought against your new property. If this should occur, your title policy insures that you will be defended at no cost against all covered claims up to the amount of the policy. 

How much does title insurance cost?

The insurance commission approves and controls the premiums for title insurance policies. The premiums are paid only once and the cost depends upon the purchase price of the property and the policy amount must be equal to the purchase price.

What does title insurance protect from?

  • Undisclosed heirs
  • Forged deeds, mortgages, wills, releases and other documents
  • False impersonation of the true land owner
  • Deeds by minors
  • Documents executed by a revoked or expired Power of Attorney
  • False affidavits of death or heirship
  • Probate matters
  • Fraud
  • Deeds and wills by persons of unsound mind
  • Conveyances by undisclosed divorced spouses
  • Rights of divorced parties
  • Deeds by persons falsely representing their marital status
  • Adverse possession
  • Defective acknowledgements due to improper or expired notarization
  • Forfeitures of real property due to criminal acts
  • Mistakes and omissions resulting in improper abstracting
  • Errors in tax records


Lender/Broker Services

Known for reliable and professional service, Perdigon Title is one of the most reputable organizations in the South Florida title industry. Perdigon Title’s extensive experience working and coordinating with lenders’ underwriting and closing departments guarantees results that will exceed your expectations. Perdigon Title is intimately familiar with the wide range of loan products that are offered by South Florida mortgage professionals, including VHA, FHA, Home Equity Credit Lines, Flex Programs and Option ARMs, and are always available to answer borrower questions and to conduct loan closings.

Realtor Services

Through Perdigon Title’s experience with residential real estate transactions, they have a special understanding of the specific laws that affect their clients. As real estate sales professionals, you have experience dealing with the many obstacles and issues that can surface between contract execution and transaction closing. From curing title defects and resolving last-minute lender requirements to properly setting client expectations and coordinating the schedules of all parties involved in a simultaneous closing, Perdigon Title exhibits the special attention that is required to close the deal.

Developer/Builder Services

Perdigon Title provides one-stop closing services to builders and real estate developers in the South Florida market. Through its escrow services division, Perdigon Title opens and maintains escrow and reservation deposit accounts for the builder/developer and provides timely reporting that allows individual projects to be monitored and tracked. Perdigon Title’s staff is intimately familiar with transactions involving real property, condominiums, conversions and HOAs.


Perdigon Title Services understands the significance of purchasing a home or refinancing a property and recognizes the anxiety that clients often experience throughout the transaction. By exceeding client expectations, Perdigon Title eliminates that stress and replaces it with assurance. Perdigon Title delivers the peace of mind your clients require to enjoy this momentous occasion.