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Florida Title Companies Loose License

This came from our sister site: http;//thepropertypatrol.com/ You can read the other posts showing even more title companies in license trouble.

Some Florida Real Estate Title companies have lost their license. Under new leadership, Florida’s Jeff Atwater, Chief Financial Officer cracks down on violators of Florida licensing laws.

Real Estate Title companies hire abstracters to research property titles. The title insurance company issues a title policy based on the abstracter’s report. When possible improprieties occur, the chief financial officer is held accountable. Usually, the title company, not the abstracter, has done something to violate Florida financial laws and the title company is disciplined.

Below is a list of Florida Real Estate Title companies that have been fined or had their license suspended or revoked due to alleged improprieties.

Company Name              Location                     Action Taken

Citrus Land Title,          Spring Hill               Suspended 3 mos.
Emerald Title                 Tamarac                    Suspended 3 mos.
Fellowship Title            Bunnell                      Suspended 3 mos.
LMT Title of So. FL     Miami                         Suspended 3 mos.
People’s Title                 Tampa                        License Revoked
Trinity Title                    Hialeah                      Suspended 3 mos.

If you need more information regarding the disciplinary actions against a company or individual, please comment in the post or click the contact The Property Patrol link here.

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February 25, 2011 - Posted by | Uncategorized | , , ,

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