Escrow & Title
A NH buyer's lender requires title insurance. The lender's policy protects the lender but NOT the buyer. For the buyer to be protected they must:
AOnly rely on the lender's policy since they are paying the premium
BPurchase a separate owner's title insurance policy✓ Correct
CHire an attorney to certify title in lieu of insurance
DNo additional protection is needed
Explanation
The lender's title insurance policy protects only the lender's financial interest up to the loan amount. For the buyer's equity to be protected, a separate owner's title insurance policy must be purchased.
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