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:

Patient Communication

The exchange of information between healthcare providers and patients to promote better health outcomes.

Authority Statements

Declarations or proclamations made by someone in a position of power or expertise, often used to guide or influence others.

Doctor Ordered

A directive given by a physician regarding a patient's treatment plan or medical care.

Interview Situation

An event in which a person is asked questions in a formal or informal setting, often used in research, clinical assessments, or employment processes.