Escrow & Title
Which of the following best describes 'insurable title' in Missouri?
ATitle that a court has declared clear
BTitle that a title insurance company is willing to insure, even if it has some defects✓ Correct
COnly title obtained through a general warranty deed
DTitle with no liens or encumbrances
Explanation
Insurable title is title that a title insurer is willing to insure, even if it has some defects. It may be broader than marketable title, as the insurer will cover certain known issues.
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