Escrow & Title
A 'lender's title insurance' policy in Connecticut protects:
AThe property owner against all future defects
BThe lender against title defects that exist as of the date the mortgage is recorded✓ Correct
CThe title company against lawsuits
DThe buyer against property damage
Explanation
Lender's (mortgagee's) title insurance protects the lender's interest up to the outstanding loan balance. It is usually required by lenders in Connecticut as a condition of the loan.
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