Escrow & Title
An owner's title insurance policy protects:
AThe lender against title defects discovered after closing
BThe buyer against title defects that existed before closing✓ Correct
CThe seller from claims arising after the sale
DThe escrow company from errors in closing documents
Explanation
An owner's title insurance policy protects the buyer (and their heirs) against financial loss from title defects, liens, or encumbrances that existed before the closing but were not discovered in the title search.
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