Escrow & Title
An ALTA extended coverage policy in Utah differs from a standard title policy in that it:
ACovers only the lender's interest
BProvides broader coverage including survey matters and off-record risks✓ Correct
CIs less expensive than a standard policy
DIs only available for commercial transactions
Explanation
An ALTA extended policy provides broader coverage than a standard policy, covering additional risks like survey issues, unrecorded easements, and boundary disputes. It requires a survey and is common in commercial transactions.
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