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Provider: Equitable Title Group Commercial Services Division
Coverage: State of Florida : Non-Residential Transactions of all Types, including Commercial, Industrial, Retail and Multi-Family Transactions, Telecommunications Services, Government Transactions, Multi-Property/Multi-County/Complex Real Estate Transactions
Target Market: Banks/Institutional Lenders, Real Estate Brokers and Agents, Real Estate Developers, Building and Construction Managers, Architects, Engineers, Insurance Companies, Title Companies, Individual Landowners and Purchasers, Regulatory Agencies (e.g. FDIC, RTC), Attorneys and Other Real Estate Professionals Involved With Non-Residential Transactions
Summary The Commercial Title Services Division of Equitable Title Group offers title and closing services for non-residential transactions of all types, including commercial, industrial, retail and multi-family transactions, telecommunications services, government transactions and multi-property/multi-county/complex real estate transactions. We specialize in providing these services to banks / institutional lenders, real estate brokers and agents, real estate developers, building and construction managers, architects, engineers, insurance companies, title companies, individual landowners and purchasers, regulatory agencies (e.g. FDIC, RTC), attorneys and other real estate professionals involved with non-residential transactions.
Commercial Services Equitable Title Group understands the dynamics and practicalities of the commercial real estate marketplace, along with the expectations of our clients, and is steadfastly committed to the strategic partnerships we form with each Client. Backed by the combined assets and financial strength of a number of the nation's largest underwriters, Equitable Title Group has gained the trust and earned the reputation of being one of the most proficient and competent independent title agents providing commercial title and closing services in the State of Florida. Our title specialists work directly with our Commercial Clients, along with their attorneys, surveyors, planners, engineers and other professional advisors, to ensure closings are conducted accurately and efficiently. From pre-contract to post-closing, we will guide our clients through the entire process, including title underwriting, issuing title commitments, endorsements and policies, recording of documents and closing and escrow services. Working with our other divisions, the Commercial Title Services Division can also facilitate and manage title and closing services in any jurisdiction in Florida.
Commercial Closing
- Commercial Closing
- Accept and receipt earnest money as required by the Contract of Sale
- Review Contract of Sale for critical dates and special provisions to assist the parties in completion of time sensitive requirements
- Provide title commitment to seller, purchaser, respective agents and attorneys
- Review title commitment for curative matters
- Work with seller, seller's agent and/or attorney to resolve curative issues
- Order tax certificates for both real and personal property
- Order payoffs for existing liens
- Obtain UCC financing statement search from our family of companies
- Secure proper documentation to verify legal status and authority of business entities involved in the transaction
- Coordinate and review all documentation through Seller's and/or Buyer's agents and/or attorneys
- Upon receipt of loan instructions, prepare settlement statement in accordance with the terms and provisions of the Contract of Sale and additional instructions as provided by the parties Coordinate closing time and place with all parties to the transaction
- Obtain approval of settlement statement from all parties to the transaction
- Close the transaction
- Review all documents for proper signatures and notarization
- Disburse all funds in accordance with the settlement statement and instructions of the parties
- Transmit loan documents to the Lender
- Record the closing documents with the appropriate county and/or state authorities
- Issue the Owner and Mortgagee policies of Title Insurance and necessary endorsements
- Resolve any post closing issues
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