Escrow & Title
In Wyoming, who typically pays for the owner's title insurance policy?
AAlways the buyer
BAlways the seller
CBy custom and negotiation, which varies by county and market✓ Correct
DAlways split 50/50 between buyer and seller
Explanation
Who pays for title insurance in Wyoming varies by local custom and negotiation. In some areas the seller traditionally pays for the owner's policy; in others the buyer pays. This should be specified in the purchase agreement. The lender's policy is almost always paid by the buyer.
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