Escrow & Title
An owner's title insurance policy in Louisiana is typically paid for by:
AThe lender at closing
BThe seller at closing (though negotiable)✓ Correct
CBoth parties equally
DThe LREC from license fees
Explanation
In Louisiana, it is customary for the seller to pay for the owner's title insurance policy, though this is negotiable. The buyer typically pays for the lender's title insurance policy.
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