Escrow & Title
Vermont's 'fee owner's policy' of title insurance is most important for:
AThe lender whose mortgage is the primary security
BThe buyer who needs long-term protection of their ownership interest against title defects✓ Correct
CThe listing broker's commission protection
DThe appraisers reviewing the title opinion
Explanation
An owner's title insurance policy protects the buyer's ownership interest (fee interest) against covered title defects for as long as they or their heirs own the property, providing permanent protection beyond the closing date.
Related Vermont Escrow & Title Questions
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