Escrow & Title
What does 'ALTA title insurance' provide that a standard policy does not?
ACoverage for physical damage to the structure
BExtended coverage protecting against survey issues, encroachments, unrecorded easements, and other risks not covered by a standard title policy✓ Correct
CCoverage for the lender's appraisal errors
DProtection against future zoning changes
Explanation
An ALTA (American Land Title Association) extended coverage policy provides broader protection than a standard coverage policy. In Nevada, ALTA policies are commonly required by lenders and cover risks like unrecorded easements, survey matters, encroachments, and other off-record issues. Standard policies cover only recorded title defects and specific enumerated risks.
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