Escrow & Title
A Wyoming title company issues an owner's policy and a lender's policy. The owner's policy protects:
AThe lender's interest in the property
BThe buyer's ownership interest up to the policy amount✓ Correct
COnly the title company from lawsuits
DThe real estate agent's commission
Explanation
An owner's title insurance policy protects the buyer's ownership interest against title defects up to the policy amount (typically the purchase price). A lender's policy protects only the lender's security interest (the loan amount), not the buyer's equity.
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