The Purpose of Title Insurance Is to

question 43

Multiple Choice

The purpose of title insurance is to

• A)transfer ownership of property.
• B)reduce the chance of a decrease in property value.
• C)guarantee the boundaries of the property.
• D)protect an owner from changes in mortgage interest rates.
• E)cover the closing costs of a real estate transaction.

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Definitions:

Distribution Of Service Times

The variation and pattern of times it takes for a service to be completed, often analyzed to improve process efficiency.