Escrow & Title
In Kansas, a buyer's lender requires a lender's title insurance policy. Who typically pays for this policy?
AThe seller in all cases
BThe buyer, as it protects the lender's interest in the property✓ Correct
CThe title company absorbs the cost
DThe real estate agents split the cost
Explanation
The buyer typically pays for the lender's title insurance policy, as it protects the lender's interest in the property up to the loan amount.
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