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=issu
ed=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=pol
icy=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=fu
nds=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=issu
ed=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=pol
icy=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=fu
nds=are=considered:=-=ans-✔✔Collected=funds
