Escrow & Title
In Maine, a 'title opinion' issued by a real estate attorney after examining the chain of title is:
AA guarantee of title
BA professional opinion about the condition of title and any defects or concerns✓ Correct
CA replacement for title insurance
DRequired by Maine law for all real estate transactions
Explanation
A title opinion is an attorney's professional assessment of the title's condition based on a title search. Unlike title insurance, it is an opinion (not a guarantee). Maine attorneys commonly provide title opinions as part of the closing process.
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