Escrow & Title
A Nebraska title insurance policy has two components. They are:
AOwner's policy and lender's policy✓ Correct
BCommitment and final policy
CPreliminary report and final report
DStandard and extended coverage
Explanation
Title insurance has two types: the owner's policy (protects the buyer's equity interest in the property) and the lender's policy (protects the lender's mortgage interest). Lenders almost always require a lender's policy.
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