Escrow & Title
In Minnesota, which of the following would be covered by an owner's title insurance policy?
APhysical damage to the property
BA forged deed in the chain of title discovered after closing✓ Correct
CDisputes about the purchase price
DProperty condition issues identified after closing
Explanation
An owner's title insurance policy covers financial losses from title defects that existed before the policy was issued, such as forged deeds, undisclosed heirs, missing signatures, errors in public records, and liens. It does NOT cover property damage, purchase price disputes, or post-closing condition issues.
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