NONRESIDENT TITLE INSURANCE AGENCY
*
TYPE AND
CLASSES:
- 4-13 Title
Insurance Agency
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Florida Statutes 626.8414 defines a “TITLE
INSURANCE AGENCY” as an insurance agency
under which title insurance agents and other
employees determine insurability in
accordance with underwriting rules and
standards prescribed by the title insurer
represented by the agency, and issue and
countersign commitments, endorsements, or
policies of title insurance, on behalf of
the appointing title insurer. The term does
not include a title insurer.
Application
Qualifications:
-
Complete an online
application for License and submit
appropriate fees.
Apply for license
-
Business must not
be located in Florida.
-
At time of
application and throughout the existence
of the license, the entity must provide
the name, social security number, and
address of a title agent or an attorney
in good standings with the Florida Bar.
The licensed nonresident title agent or
a licensed attorney will be in full time
charge of the office.
-
At the time of
application and throughout the existence
of the license, a surety bond or
securities of the type eligible listed
under s. 625.52 for not less than
$35,000.
(Link for Bond Form)
-
The majority
owner, partner, officer and director of
the agency must be fingerprinted. Two
fingerprint cards are mailed to the
applicant for each majority owner,
partner, officer and director of the
agency.
Special Notes
Instead of providing a Bond,
Contact the
Division of Treasury, Bureau of
Collateral Management at (850) 413-3167
for securities of the type eligible
listed under F.S. 625.52
