FLORIDA TITLE RULE F.A.C. 690-186
P.19-44
Purpose-of-the-Notice-of-Purchaser-Mortgagor---ans-✔✔Tell-them-the-loan-policy-does-
not-protect-them-as-an-owner
Minimum-TITLE-premium-for-a-$10k-Owner's-policy---ans-✔✔$100
Minimum-RISK-RATE-premium-that-may-be-charged-for-an-Owner's-Policy---ans-✔✔$100
An-owner's-policy-must-be-issued-for-full-insurable-value-of:---ans-✔✔The-premises
The-minimum-RISK-PREMIUM-that-may-be-charged-for-a-mortgage-title-policy/Lender's-
policy---ans-✔✔$100
Mortgage-title-insurance-policy-may-NOT-be-issued-for-less-than-the:---ans-✔✔Full-
principal-debt
MAX-percentage-above-the-full-loan-amount-for-which-a-mtg-title-policy-may-be-issued-
w/o-an-Additional-Interest-or-Shared-Appreciation-Endorsement?---ans-✔✔25%
What-is-the-reissue-risk-premium-for-a-$25k-Owner's-Title-Policy?---ans-✔✔$100
The-minimum-risk-rate-premium-for-a-SIMULTANEOUS-issue-loan-policy-shall-be:---ans-
✔✔$25
On-a-simultaneous-issue-transaction,-the-risk-premium-on-the-amount-of-the-loan-policy-in-
excess-of-the-Owner's-Policy-shall-be-figured-at:---ans-✔✔Regular-original-title-insurance-
rates-for-mortgage-policies
The-minimum-retention-of-title-premium-by-the-title-insurers-is:---ans-✔✔30%
The-required-retention-of-title-premium-funds-must-be-remitted-to-the-insurer-by-the-agent-
at-least:---ans-✔✔Monthly
Until-the-required-retention-of-funds-are-remitted-to-the-insurer-by-the-agent,-such-funds-
are-considered:---ans-✔✔Collected-funds
P.19-44
Purpose-of-the-Notice-of-Purchaser-Mortgagor---ans-✔✔Tell-them-the-loan-policy-does-
not-protect-them-as-an-owner
Minimum-TITLE-premium-for-a-$10k-Owner's-policy---ans-✔✔$100
Minimum-RISK-RATE-premium-that-may-be-charged-for-an-Owner's-Policy---ans-✔✔$100
An-owner's-policy-must-be-issued-for-full-insurable-value-of:---ans-✔✔The-premises
The-minimum-RISK-PREMIUM-that-may-be-charged-for-a-mortgage-title-policy/Lender's-
policy---ans-✔✔$100
Mortgage-title-insurance-policy-may-NOT-be-issued-for-less-than-the:---ans-✔✔Full-
principal-debt
MAX-percentage-above-the-full-loan-amount-for-which-a-mtg-title-policy-may-be-issued-
w/o-an-Additional-Interest-or-Shared-Appreciation-Endorsement?---ans-✔✔25%
What-is-the-reissue-risk-premium-for-a-$25k-Owner's-Title-Policy?---ans-✔✔$100
The-minimum-risk-rate-premium-for-a-SIMULTANEOUS-issue-loan-policy-shall-be:---ans-
✔✔$25
On-a-simultaneous-issue-transaction,-the-risk-premium-on-the-amount-of-the-loan-policy-in-
excess-of-the-Owner's-Policy-shall-be-figured-at:---ans-✔✔Regular-original-title-insurance-
rates-for-mortgage-policies
The-minimum-retention-of-title-premium-by-the-title-insurers-is:---ans-✔✔30%
The-required-retention-of-title-premium-funds-must-be-remitted-to-the-insurer-by-the-agent-
at-least:---ans-✔✔Monthly
Until-the-required-retention-of-funds-are-remitted-to-the-insurer-by-the-agent,-such-funds-
are-considered:---ans-✔✔Collected-funds
