Escrow & Title
A Washington title insurance company issues a policy with an exception for a specific easement identified in Schedule B. This means:
AThe title company guarantees the easement will not cause problems for the buyer
BThe title policy does NOT cover losses arising from that specific easement✓ Correct
CThe easement is void and of no effect
DThe buyer must obtain a separate policy to cover the easement
Explanation
Schedule B of a title insurance policy lists exceptions — matters specifically excluded from coverage. An exception for a specific easement means the insurer will not pay claims for losses arising from that easement. The buyer is on notice of the easement and assumes that risk.
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