What Is the difference between a title company and a closing attorney?

Buying a home is one of the most significant purchases you will make in your lifetime. When making a purchase of this magnitude, you need to understand the difference between a title company and a closing or real estate attorney to ensure you are fully protected.

A title company provides escrow services and title insurance when buying or selling property. They prepare and file the documentation. A closing attorney advises and oversees the work done by the title company to ensure proper execution of the transaction.

In Florida, you are not required to use an attorney during a real estate transaction. It is the buyer's and seller's choice whether to use an attorney and a title company. The difference is that the attorney works for whoever hires them, and the title company works for the title insurer.

The attorney has the expertise to review the contract and the closing documents, protecting the buyer and seller from future litigation and claims to the property. A real estate attorney can also negotiate on your behalf, advise in regards to the titling of property, and assist with probate.

There is little to no cost differential, so using an attorney-founded title company will provide you with a measure of comfort when procuring or selling property.

Licensed Florida attorneys founded Fleet Title to bring high-quality, fast, and efficient title services to the residential and commercial real estate markets throughout the State of Florida. Our attorneys have closed real estate transactions for over 25 years. At Fleet Title, you will benefit from our experienced attorneys at the cost of a title agent. To learn more about the services offered in Vero Beach, visit fleettitle.com, call (772) 224-3338, or email them at info@fleettitle.com.