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Unlike Other Forms of Evidence of Title, Title Insurance Guards

Question 20

Multiple Choice
Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?
A) It does not protect the grantee from the threat of physical damage to the property.
B) It does not protect a grantee against the legal costs of defending the title
C) It does not protect a grantee against loss of the property in case of an unsuccessful title defense.
D) It does not protect against legal attack on the owner's title arising from a claim that diminishes the owner's rights of use.

Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?


A) It does not protect the grantee from the threat of physical damage to the property.
B) It does not protect a grantee against the legal costs of defending the title
C) It does not protect a grantee against loss of the property in case of an unsuccessful title defense.
D) It does not protect against legal attack on the owner's title arising from a claim that diminishes the owner's rights of use.

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