Escrow & Title
The ALTA (American Land Title Association) extended coverage title insurance policy provides greater protection than the standard policy because it covers:
AOnly liens recorded before closing
BUnrecorded matters such as survey issues, rights of parties in possession, and unrecorded mechanic's liens✓ Correct
CFuture title defects that arise after closing
DPersonal property owned by the buyer
Explanation
The ALTA extended coverage policy insures against additional risks not covered by the standard policy, including unrecorded claims, survey matters, rights of parties in actual possession, and mechanic's liens not yet of record at closing.
Related West Virginia Escrow & Title Questions
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