Gap Coverage in Real Estate
Gap coverage protects buyers and lenders during the period between the title search date and the recording of the new deed and mortgage. New liens or encumbrances recorded during this window would not appear in the original search.
The Gap Period
- Title search completed 7-14 days before closing
- Closing occurs and documents are signed
- 1-5 business days between closing and recording
- New liens, judgments, or encumbrances could be recorded
- Gap coverage protects against defects in this window
Why It Matters in Florida
- Judgment liens can be recorded against the seller at any time
- Federal tax liens may be filed without notice
- Mechanic's liens for prior work may surface
- Divorce or probate proceedings could affect seller's authority
- Without coverage, buyer bears the risk
Title Company Protections
Last-minute checks before closing, prompt recording after closing, and gap insurance through the title underwriter.
Related Terms
- Evidence of Title — Title search and commitment
- Encumbrance — Gap-period encumbrances
- Closing — Gap period starts at closing
Barnes Walker Title Services
Barnes Walker Title provides comprehensive gap coverage for every Florida closing, protecting buyers from post-search title defects. Submit a title inquiry for assistance.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC