Title insurance protects the buyer and lender from any issues that arise with the title after the purchase, such as claims of ownership, liens, or other legal issues that were not identified during the title search.

A title company ensures that the property you purchase has a clear title, meaning there are no liens, disputes, or other issues that could affect your ownership. They also handle the closing process and issue title insurance.

In Florida, the payment for title insurance can vary by county. In some counties, the seller typically pays for the owner's policy, while in others, the buyer pays for it. The lender's policy is usually paid for by the buyer.

A title search is a detailed examination of public records related to the property to ensure that the seller has the legal right to transfer ownership and that there are no claims or liens against the property.

A title search can take anywhere from a few days to a couple of weeks, depending on the complexity of the search and the efficiency of the title company.