Escrow & Title
In Montana, a 'certificate of title' differs from title insurance in that it:
AProvides broader financial protection against undiscoverable defects
BIs an attorney's opinion of title based on a title search, offering no insurance against title defects✓ Correct
CIs issued by the title insurance company as an alternative policy
DRequires the same premium as a standard title policy
Explanation
A certificate of title (attorney's opinion of title) is an attorney's professional opinion about the state of title based on a search of public records. Unlike title insurance, it does not provide financial indemnification if a title defect causes a loss.
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