Title insurance:
A) does not bind the title company to insure that the title is as declared in the conveyance from the grantor to the grantee
B) binds the title company to insure that the title is as declared in the conveyance from the grantor to the grantee
C) binds the seller to the agreed to price of the property
D) prevents the buyer from changing the terms of the transaction at the last minute
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

Title insurance binds the title company to insure that the title is as declared in the conveyance from the grantor to the grantee. It provides protection to homeowners and lenders against losses arising from title defects, liens, or other matters that affect the title to the property.

Title Insurance