Escrow & Title
In Oregon, who pays the title insurance premium in a typical residential sale?
AAlways the buyer
BAlways the seller
CIt is negotiable and typically specified in the purchase agreement✓ Correct
DThe lender always pays
Explanation
Who pays for title insurance in Oregon is a negotiable term typically specified in the purchase and sale agreement. Local customs vary — in some markets, sellers traditionally pay for the owner's policy; in others, buyers pay. The purchase agreement governs.
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