Escrow & Title
In Wyoming, an owner's title insurance policy protects:
AOnly the lender against title defects
BThe property owner (buyer) against title losses for as long as they own the property✓ Correct
COnly the seller after closing
DThe title company against lawsuits
Explanation
An owner's title insurance policy (also called an owner's policy) protects the buyer against title defects that existed prior to the policy date. Unlike a lender's policy, an owner's policy lasts as long as the insured has an interest in the property.
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