Escrow & Title
In South Carolina, 'title insurance' protects against:
AFuture physical damage to the property
BUndiscovered prior claims, liens, or defects in title that existed before the policy date✓ Correct
CFuture market value declines
DNatural disaster damage
Explanation
Title insurance provides protection against financial loss from title defects, liens, or claims that existed before the policy date but were not discovered during the title search. It provides a one-time premium for perpetual coverage (owner's policy).
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