Escrow & Title
An owner's title insurance policy in Utah protects:
AThe lender's interest in the property
BThe buyer against title defects that existed prior to the policy date✓ Correct
CThe seller from claims after closing
DThe title company against errors in the search
Explanation
An owner's title insurance policy protects the buyer/owner against losses resulting from title defects, liens, or encumbrances that were not discovered during the title search but existed prior to the policy issuance.
Related Utah Escrow & Title Questions
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