Escrow & Title
A title insurance policy 'endorsement' in New Mexico is used to:
AReduce the coverage of the policy
BExpand coverage for specific risks not covered by the standard policy form✓ Correct
CTransfer the policy from one property to another
DCancel the policy
Explanation
Endorsements modify a title insurance policy—they are typically used to expand coverage for specific risks (like variable rate mortgage changes, zoning matters, or contiguity) that the standard policy form does not cover.
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