A title company ensures the property’s ownership history is clear before the transaction closes. In Miami real estate transactions, the title company performs a title search, identifies any liens or legal issues, manages escrow funds, prepares closing documents, and issues title insurance to protect the buyer and lender.

In most Miami-Dade County real estate contracts, the seller usually pays for the owner’s title insurance policy and chooses the title company. However, this can be negotiated between the buyer and seller depending on the terms of the purchase agreement.

The typical closing timeline in Miami is 30 to 45 days for financed purchases. Cash transactions, which are common in the Miami market, can close much faster—sometimes within 7 to 14 days if the title search is clear and all documents are ready.

During a title search, the title company reviews public records in Miami-Dade County to confirm legal ownership and identify potential issues such as:

• Existing mortgages
• Property tax liens
• Contractor liens
• HOA or condo association balances
• Judgments against the property

This process ensures the property can legally transfer to the buyer at closing.

Yes. Many buyers in Miami live out of state or internationally. Title companies can coordinate remote closings through mail-away documents, mobile notaries, or remote online notarization so buyers and sellers can complete the transaction without being physically present.

In a typical Miami transaction, sellers may pay:

• Owner’s title insurance policy
• Documentary stamp tax on the deed
• Prorated property taxes
• HOA or condo association fees
• Recording fees

The exact amount varies depending on the property price and contract terms.

Property taxes in Miami-Dade are prorated between the buyer and seller based on the portion of the year each party owns the property. The seller pays their share up to the closing date, and the buyer becomes responsible for taxes after taking ownership.

An estoppel letter is a document provided by the homeowner’s association or condo association that confirms:

• The current owner’s balance
• Monthly HOA fees
• Any unpaid dues or special assessments
• Transfer requirements for new owners

This document is required before closing to ensure there are no outstanding association obligations.

Yes. If the title search reveals issues such as liens, judgments, or code violations, the title company works with lenders, contractors, or local agencies to resolve them before closing so the property can transfer with a clear title.

Yes. Miami has a large investor market, and title companies frequently assist with investor transactions including cash purchases, assignment contracts, investment property closings, and quick closings for wholesalers and developers.