Escrow & Title
In Nebraska real estate, 'abstract of title' and 'title insurance' both serve to:
AGuarantee the property is free of all environmental hazards
BProvide assurance about the quality of a property's title, though through different mechanisms✓ Correct
CDetermine the property's fair market value
DEstablish the property's boundary lines
Explanation
Both an abstract with attorney's opinion and title insurance provide assurance about title quality. The abstract provides a history and legal opinion; title insurance provides financial protection if covered title defects are later discovered.
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