Escrow & Title
A Nebraska title company charges a 'gap premium' for title insurance. This covers:
AThe period between commitment and policy issuance✓ Correct
BDefects that occurred before the current owner purchased
CFuture liens placed after the policy date
DSurvey exceptions
Explanation
The gap premium covers the period between the title commitment and the actual recording of the deed. During this gap, undiscovered liens or encumbrances could attach, and the gap premium protects against this risk.
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