Which of the Following Is Correct in Regard to an Owner's

question 9

Multiple Choice

Which of the following is correct in regard to an owner's title insurance policy?

• A) It is transferable to a new property owner
• B) The policy terminates when the mortgage loan is paid off
• C) The policy terminates when the property is transferred to a new owner
• D) It protects the policy holder against adverse claims even beyond the term of property ownership

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Definitions:

Team Selling

A collaborative approach to sales where multiple individuals work together to close deals, often used in complex or high-value sales processes.

Servicing Major Customers

The process or strategy of providing support and maintaining relationships with key or large volume clients to ensure customer satisfaction and loyalty.

Professionals

Individuals who possess specialized knowledge, skills, and often certifications in a particular field or industry, and engage in related activities as a major occupation.

Cross-functional Teams

Groups composed of members from different departments or areas of expertise, working together towards a common goal.