Escrow & Title
Title insurance in Minnesota protects the insured against losses from:
AFuture physical damage to the property
BDefects in title that existed before the policy's effective date✓ Correct
CIncreases in property taxes
DDepreciation in market value
Explanation
Title insurance protects against losses from title defects (liens, encumbrances, ownership disputes) that existed before the policy's effective date and were not discovered during the title search.
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