Florida Statute 624.608 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.608

624.608 “Title insurance” defined.—“Title insurance” is:

(1) Insurance of owners of real property or others having an interest in real property or contractual interest derived therefrom, or liens or encumbrances on real property, against loss by encumbrance, or defective titles, or invalidity, or adverse claim to title; or

¹(2) Insurance of owners and secured parties of the existence, attachment, perfection, and priority of security interests in personal property under the Uniform Commercial Code.

History.—s. 106, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 83, 86, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1, ch. 2005-153.

¹Note.—Section 23, ch. 2008-220, provides that “[t]he Legislature finds that the Uniform Commercial Code insurance product authorized by section 1 of Chapter 2005-153, Laws of Florida, will open new markets in this state and will result in generation of new revenue for the state. Accordingly, title insurers may petition for a rate deviation as provided by s. 627.783, Florida Statutes, for the uniform commercial code insurance product. In determining whether to approve such petition for a rate deviation for the uniform commercial code insurance product, the office shall be guided by standards for national rates for the product currently being offered in other states.”

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Amendments to 624.608

Arrestable Offenses / Crimes under Fla. Stat. 624.608

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.608.

Annotations, Discussions, Cases:

Cases Citing Statute 624.608

Total Results: 4

Lawyers Title Ins. Co., Inc. v. Novastar Mortg., Inc.

Court: Fla. Dist. Ct. App. | Date Filed: 2003-11-25T23:53:00-08:00

Citation: 862 So. 2d 793

Snippet: 824 So.2d 172, 185 (Fla. 1st DCA 2001). Section 624.608, Florida Statutes (1997), defines title insurance

Liberty Care Plan v. Department of Insurance

Court: Fla. Dist. Ct. App. | Date Filed: 1998-05-05T00:00:00-07:00

Citation: 710 So. 2d 202, 1998 Fla. App. LEXIS 4849, 1998 WL 216047

Snippet: as indemnity for risk of loss. See §§ 624.602-624.608. We find that the Plan does not meet the definition

Secret Oaks Owner's Ass'n v. DEP

Court: Fla. Dist. Ct. App. | Date Filed: 1998-01-01T23:53:00-08:00

Citation: 704 So. 2d 702

Snippet: what appears in D.E.P.'s rule. [6] Cf. § 624.608, Fla. Stat. (1995). [7] Appellant suggests this

Krause v. Title & Trust Co. of Florida

Court: Fla. Dist. Ct. App. | Date Filed: 1980-12-02T23:53:00-08:00

Citation: 390 So. 2d 805

Snippet: , 327 So.2d 852 (Fla. 2d DCA 1976). See also § 624.608, Fla. Stat. (1979). In the present case, the same