Which of the Following Statements About Title Insurance Is True

question 9

Multiple Choice

Which of the following statements about title insurance is true?

• A)A premium must be paid annually to keep the policy in force.
• B)The policy term runs for 30 years or the length of the insured's mortgage loan,whichever is shorter.
• C)The policy guarantees that the owner will keep possession of the property if a defect in the title is discovered.
• D)The policy provides protection against title defects that occurred prior to the effective date of the policy.

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Definitions:

Bilateral Symmetry

A body plan in which an organism can be divided into two identical halves along a single plane, typical of most animals, including humans.

Body Sides

Refers to the distinct regions or aspects of an organism's body, such as dorsal (back), ventral (belly), lateral (sides), anterior (front), and posterior (back).

Central Axis

The main or primary line around which a body or structure is organized or arranged.

Three-Layer Body Plan

The structural organization in animals that consists of three primary germ layers: ectoderm, mesoderm, and endoderm, which give rise to all tissues and organs of the organism.