Winter Springs, Florida Morgan Title Company – Established 1994
Morgan Title Company, owned and operated by Attorney Grace Anne Glavin, is named for Ms. Glavin’s family collection of Morgan horses.
What Is A Title Policy?
A title insurance policy provides the insured with coverage that protects the owner or lender against financial loss and costs that may occur as a result of defending title in court. An Owner’s Title Insurance Policy only provides coverage to the insured owner of the property. A Mortgagee Title Insurance Policy, which is required by most lenders, only provides coverage to the insured lender and its successors or assigns.
What Are The Duties Of A Title Company?
Title Insurance companies examine title to property, issue Owner’s and Mortgagee Title Insurance Policies, and conduct real estate closings.
The title exam is a review and study of the property’s history as recorded in the public records of the county the property is located in. Title examiners study the applicable recorded property documents and determine ownership of the property for the new owners and/or lenders.
Additional services provided by title companies include obtaining and coordinating information regarding payoffs for mortgages, homeowner’s associations and homeowner’s insurance, home inspections, repairs to homes and preparation of conveyances and mortgage documents. Title companies conduct closings, disburse funds, oversee the execution of documents, record the appropriate documents, and issue the Owner’s and Mortgagee Title Policies.
If you possess a copy of your old owner’s Title Insurance Policy, you may be entitled to a Reissue Credit pursuant to the laws of the state of Florida.
In choosing a Title Company, the experience of the employees and the ability of the company to conduct the closing in a legal manner are important. Morgan Title Company, located at 1511 East State Road 434 Suite 2049 Winter Springs, FL, is an excellent example of a company with plenty of employee experience, 30-plus years, and is owned by local Winter Springs real estate attorney Grace Anne Glavin.
For more information about the complete services provided by Morgan Title Company, please call them at 407-699-1110.