Contracts
In Tennessee, which party typically pays for the owner's title insurance policy?
AAlways the buyer
BAlways the seller
CIt is negotiable between buyer and seller✓ Correct
DThe lender always pays for the owner's policy
Explanation
In Tennessee, who pays for the owner's title insurance policy is generally negotiable between buyer and seller. Local custom and contract terms determine which party bears this cost, unlike some states where custom strongly favors one party.
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