Summary

This document package comprises a task assignment notification and supporting records for a title commitment service executed under Florida Department of Environmental Protection (DEP) Contract No. PL213, an indefinite delivery vehicle. The primary parties include Tallahassee Title Group, LLC (TTG) as contractor, Paradise Bay Developers, LLC as the property owner, and the State of Florida. The task assignment, dated September 8, 2015, pertains to a 0.012-acre parcel located at Clear Creek/Whiting Field in Santa Rosa County, Florida (Parcel ID 26-3N-28-0000-00101-0000). Supporting documentation includes property appraisals, title insurance commitments from Attorneys' Title Insurance Fund, Inc., warranty deeds, and mortgage and security agreements executed in 2005 between Paradise Bay Developers, LLC and Vanguard Bank & Trust Company.

The task assignment obligates TTG to provide a title commitment on the specified parcel in accordance with attached specifications. The total task assignment value is $575.00, comprising a title closing commitment fee of $250.00, a title search and closing commitment fee of $275.00, and a title search/closing commitment update fee of $50.00. The title commitment is due 14 days after execution of the task assignment, with task completion required within 30 days. The underlying DEP contract specifies fixed-fee pricing for title search and commitment services ($275.00 per parcel), ownership and encumbrance reports ($350.00 per parcel), title insurance policies at promulgated rates, and hourly rates ranging from $45.00 to $65.00 for specialized services including closing coordination, title research, and expert witness services. The contract permits rate increases of up to 5% annually upon documented justification.