Escrow & Title
Iowa's attorney opinion of title letter provides the recipient with:
ATitle insurance coverage identical to a policy
BThe attorney's professional opinion on the marketability of title based on their examination of the abstract✓ Correct
CGuaranteed title free of all defects
DIREC certification of title quality
Explanation
An attorney's opinion of title is a licensed Iowa attorney's written conclusion about the state of title based on their examination of the abstract. While it represents professional judgment, it is not insurance — the attorney bears professional malpractice liability for errors in their opinion.
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