An owner of real property or a mortgagee pays only one premium for title insurance, usually at closing.

Name: An owner of real property or a mortgagee pays only one premium for title insurance, usually at closing.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

It is common for the owner or mortgagee to pay one premium for title insurance at the time of closing. This premium covers the policy for as long as the insured party owns or has a mortgage on the property.

An Owner of Real Property or a Mortgagee Pays Only