Escrow & Title
In Missouri, a ALTA (American Land Title Association) extended coverage title insurance policy differs from a standard policy because it:
AIs cheaper
BProvides additional coverage for matters not shown in public records (survey risks, off-record easements, encroachments)✓ Correct
CIs required for all residential sales
DCovers property condition issues
Explanation
An ALTA extended coverage policy provides broader protection than the standard owner's policy, covering risks not typically found in public records such as survey matters, encroachments, and access issues.
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