Escrow & Title
A Utah title agent who makes a mistake in the title search that leads to uninsured title loss is primarily responsible to the:
AThe county recorder
BThe title insurance company and the insured parties under the policy✓ Correct
CThe Division of Real Estate
DOnly the buyer
Explanation
A title agent's errors that lead to covered title claims make the title insurer liable to the insured. The title company may then seek indemnification from the title agent whose negligence caused the loss.
Related Utah Escrow & Title Questions
- An ALTA extended coverage policy in Utah differs from a standard title policy in that it:
- Prorations at closing in Utah refer to:
- A trustee's deed in Utah is typically used to convey property sold at:
- A subordination agreement in Utah real estate allows:
- Proration at closing is used to:
- A quitclaim deed in Utah transfers:
- A lender's title insurance policy in Utah protects:
- In Utah, a trustee's sale (non-judicial foreclosure) must be preceded by a notice of default and a minimum notice period to the borrower of:
Practice More Utah Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Utah Quiz →