Escrow & Title
An owner's title insurance policy in Iowa protects:
AOnly the lender's interest in the property
BThe buyer's ownership interest, usually for as long as they own the property✓ Correct
CThe buyer for 10 years after purchase
DThe seller against claims arising after closing
Explanation
An owner's title insurance policy protects the buyer's ownership interest in the property for as long as the buyer or their heirs hold an interest. It is a one-time premium paid at closing. A separate lender's policy protects the mortgage lender.
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