Escrow & Title
Which type of title insurance policy in Florida protects the buyer's equity interest in the property?
AMortgagee's policy
BOwner's policy✓ Correct
CLeasehold policy
DConstruction lender's policy
Explanation
The owner's title insurance policy protects the buyer's ownership interest (equity) in the property against title defects existing at or before the date of closing. It is typically issued for the purchase price of the property.
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