Senate Bill sb1080
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 SB 1080
By Senator Fasano
11-255-04
1 A bill to be entitled
2 An act relating to title insurance; amending s.
3 627.782, F.S.; providing that the premium
4 charged for title insurance on a refinanced
5 mortgage may not exceed the amount of the title
6 insurance premium for the original mortgage;
7 providing an effective date.
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9 Be It Enacted by the Legislature of the State of Florida:
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11 Section 1. Subsection (9) is added to section 627.782,
12 Florida Statutes, to read:
13 627.782 Adoption of rates.--
14 (9) The premium charged for title insurance required
15 for or obtained in conjunction with refinancing an existing
16 mortgage may not exceed the amount of the premium for the
17 original title insurance on the mortgage being refinanced when
18 such original title insurance was obtained from the same
19 insurer.
20 Section 2. This act shall take effect July 1, 2004.
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23 SENATE SUMMARY
24 Provides that the premium charged for title insurance on
a refinanced mortgage may not exceed the amount of the
25 premium for such insurance on the original mortgage.
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CODING: Words stricken are deletions; words underlined are additions.