Escrow & Title
The term 'gap coverage' in Oklahoma title insurance addresses:
AThe physical gap between properties in a subdivision
BThe period between the title search and the recording of the new deed, during which new liens could be filed✓ Correct
CCoverage for underground gaps in foundations
DGaps in the property's ownership history
Explanation
Gap coverage protects against new liens, judgments, or encumbrances that may be filed against the property in the period between the last title search and the actual recording of the buyer's deed and mortgage.
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