Escrow & Title
A 'lender's title insurance policy' (loan policy) in Hawaii protects:
AThe property owner against title defects
BThe lender for the amount of their loan against title defects✓ Correct
CBoth the buyer and lender equally
DOnly against future title defects
Explanation
A lender's title insurance policy (loan policy) protects the lender's interest in the property up to the loan amount. It is typically required by lenders and paid for by the borrower at closing.
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