Escrow & Title
In a North Dakota real estate closing, the party who typically pays for the owner's title insurance policy is:
AAlways the buyer
BAlways the seller
CNegotiable between buyer and seller; local custom varies by market✓ Correct
DThe title insurance company itself
Explanation
Who pays for the owner's title insurance policy is negotiable and varies by local custom. In some North Dakota markets, the seller typically pays; in others, the buyer pays.
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