Escrow & Title
Which type of title insurance policy protects the lender's interest in a Florida real estate transaction?
AOwner's policy
BMortgagee's policy✓ Correct
CWarranty deed policy
DQuiet title policy
Explanation
A mortgagee's (lender's) title insurance policy protects the lender's financial interest in the property up to the loan amount. The owner's policy separately protects the buyer's ownership interest.
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