Escrow & Title
ALTA (American Land Title Association) title insurance policies are:
AIssued by the NCREC
BComprehensive policies often required by lenders that include broader coverage than standard policies✓ Correct
CGovernment-guaranteed policies
DRequired only for condominiums
Explanation
ALTA policies provide broader coverage than standard policies, including protection against matters not found in the public record, and are typically required by institutional lenders.
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