A pending disbursement clause would most likely be found in a construction loan title insurance policy.

Question

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A pending disbursement clause is commonly included in construction loan title insurance policies to protect the lender's interests during the construction process. It allows the lender to withhold disbursement of funds until certain conditions are met, such as completion of certain phases of the construction or receipt of lien waivers from contractors and suppliers.

A Pending Disbursement Clause Would Most Likely Be Found in a Construction