Escrow & Title
In Washington, the 'policy effective date' of a title insurance policy is:
AThe date the policy is purchased
BThe date the deed is recorded✓ Correct
CThe date the purchase agreement was signed
DThe date the closing funds are wired
Explanation
A title insurance policy's effective date is the date the deed is recorded (or the date and time specified in the policy). Coverage applies to matters arising before the effective date — not to matters arising afterward.
Related Washington Escrow & Title Questions
- In Washington State, closings are typically handled by:
- In Washington, a title insurance company that underwrites title for a real estate transaction is required to be licensed by the:
- In Washington, a property sold at a trustee's sale (non-judicial foreclosure) is typically conveyed by a:
- A Washington title search reveals a 'gap' in the chain of title — a period where there is no recorded conveyance. This 'gap' is:
- Washington uses a deed of trust instead of a mortgage, which means the lender's primary remedy upon default is:
- In Washington, real property taxes constitute a specific lien on the property assessed that has priority over:
- A Washington buyer wants to purchase a property that has a mechanic's lien for $12,000. The seller refuses to pay it. The buyer can:
- A Washington buyer's title insurance policy (owner's policy) covers the buyer for losses from title defects. Who pays for the owner's title insurance in a typical Washington transaction?
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →