Finance
An Indiana buyer's lender requires title insurance. Who typically purchases the lender's title policy?
AThe seller, as part of closing costs
BThe buyer, as a condition of the mortgage loan✓ Correct
CThe state of Indiana
DThe real estate broker
Explanation
In Indiana, the buyer (borrower) typically pays for the lender's title insurance policy as part of the mortgage loan requirements, protecting the lender's security interest in the property.
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