Escrow & Title
In Hawaii, who typically pays for the owner's title insurance policy?
AA. Always the buyer
BB. Always the seller
CC. It is negotiable, but commonly the seller pays in Hawaii transactions✓ Correct
DD. The lender always pays for the owner's policy
Explanation
In Hawaii, it is customary (though negotiable) for the seller to pay for the owner's title insurance policy, while the buyer typically pays for the lender's policy.
Related Hawaii Escrow & Title Questions
- In Hawaii, what is 'title by dedication'?
- Which type of deed provides the greatest protection to the grantee in Hawaii?
- Which of the following is a debit to the buyer on a Hawaii closing statement?
- In Hawaii, a property registered under the Land Court system provides title protection through:
- In Hawaii, a quitclaim deed transfers:
- In Hawaii, escrow is typically handled by:
- In Hawaii, which type of title insurance policy protects the lender's interest in the property?
- What is a lis pendens as it relates to Hawaii real property?
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →