Escrow & Title
In Colorado, who is responsible for ordering title insurance for a real estate transaction?
AIt is always the seller's responsibility
BIt is always the buyer's responsibility
CIt is negotiated between the parties and specified in the contract✓ Correct
DThe lender always orders and pays for all title insurance
Explanation
In Colorado, who orders and pays for title insurance is a negotiable item between the parties, specified in the Contract to Buy and Sell. Custom may vary by county, but the contract ultimately governs.
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