Escrow & Title
In California, who typically pays for the owner's title insurance policy?
AThe buyer always pays
BThe seller in Southern California; the buyer in Northern California (custom varies by county)✓ Correct
CThe lender always pays
DThe real estate agent pays
Explanation
Payment of title insurance premiums in California varies by local custom. In Southern California, it is customary for the seller to pay for the owner's title insurance policy; in Northern California, the buyer typically pays. These are customs and can be negotiated.
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