Escrow & Title
A title insurance policy that protects the lender's interest in a NH property is called:
AAn owner's title policy
BA lender's (mortgagee's) title policy✓ Correct
CA gap indemnity policy
DA chain of title guarantee
Explanation
A lender's (mortgagee's) title policy protects the lender's interest up to the loan amount. It is typically required by lenders as a condition of the mortgage. An owner's title policy, purchased separately, protects the buyer's equity interest.
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