A lender wanting title insurance coverage on a property it is taking as collateral would ask for
A) an owner's title policy.
B) a mortgagee's title policy.
C) a mortgagor's title policy.
D) a buyer's policy.
Correct Answer:
Verified
Q22: Any subsequent purchasers of a property must
Q23: A man bought a home two years
Q24: Standard owner's title insurance coverage insures against
Q25: A preliminary title insurance report will show
Q26: Mortgages, judgments and trust deeds are usually
Q28: Prior to enactment of the Statute of
Q29: Owner's title insurance covers the mortgagee.
Q30: When an attorney issues a certificate of
Q31: A formal declaration by a person signing
Q32: Title that is free from reasonable doubt
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