Escrow & Title
In Missouri, the party who traditionally pays for the owner's title insurance policy is:
AAlways the buyer
BDetermined by local custom and negotiation, often the seller in some Missouri markets✓ Correct
CAlways the lender
DAlways the state of Missouri
Explanation
In Missouri, who pays for the owner's title insurance policy varies by local custom and is negotiable. In some Missouri markets (particularly St.
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