CREATING A LICENSED TITLE AGENCY IN FLORIDA

1.    Create and form a business entity

a.    File with the Florida Department of State (www.dos.state.fl.us) Determine which type of business entity to create, then complete applicable filing documents and submit with the required filing fee. (Estimate at least one week).

b.    File with the IRS – File appropriate forms with the Federal Government/IRS to formally obtain a federal employer identification number (FEI#). IRS Form SS-4 must be completed and either faxed, mailed or via telephone submitted to the IRS office. (estimate 5 business days)

IRS Entity Control

Atlanta, GA 39901

Ph: 770-455-2360

Fax: 678-530-6156

2.    Contact insurance carrier to obtain required insurance:

a.     $35,000 Surety Bond

b.    Fidelity bond in the amount not less than $50,000

c.    Errors and Omissions (E&O) insurance in an amount not less than $250,000 with a deductible not greater than $10,000

3.    Obtain a Title Agency License from the Florida Department of Financial Services (estimate 4 weeks)– Complete the Resident and Nonresident Firm & Title Agency Insurance License Application. Submit application (need to be fingerprinted electronically – see website www.fldfs.com/agents), original $35,000 Surety Bond, and required fees to:

Florida Department of Financial Services

Bureau of Agent and Agency Licensing

Revenue Processing Section

Post Office Box 6000

Tallahassee, FL 32314-6000

4. Apply for an Appointment by Fidelity National Title Insurance Company

a. Contact your local Fidelity Representative for further information.

*You may also download this form in PDF format by clicking the link below

How To Become A Fidelity Agent