Escrow & Title
A Virginia buyer discovers after closing that the previous owner's heir has a claim to the property. Which protects the buyer?
AHomeowner's insurance
BOwner's title insurance policy✓ Correct
CPMI
DThe deed warranty
Explanation
An owner's title insurance policy protects the buyer against title defects that existed before the policy date, including claims by prior heirs, unpaid liens, or recording errors.
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