The title insurance business is all about the details. Things are always changing from state to state, county to county and even municipality to municipality. One of the things we take pride in here at NTS is staying on top of the smallest details so that our clients can focus on what they do best—selling title insurance and managing closings.

As our Florida clients know, prep and delivery fees for estoppel certificates applicable to co-ops, condominiums and HOAs are limited by Florida law. However, those laws mandate that the caps be adjusted every five years. The adjustment is very specific under the law, and based upon a percentage of the Consumer Price Index for All Urban Consumers, U.S. City Average, All Items. That task is assigned to Florida’s Department of Business and Professional Regulation (DBPR), which is also required to publish them.

DBPR recently (July, 2022) published the updated estoppel certificate fees as follows: