An Owner of Real Property or a Mortgagee Pays Only

question 21

True/False

An owner of real property or a mortgagee pays only one premium for title insurance, usually at closing.

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Definitions:

Figure-ground Distinction

Refers to the visual perception ability to separate objects (figure) from their background (ground), allowing focus on specific elements in a field of perception.

Retinal Disparity

The slight difference in images processed by the left and right eyes, which is important for depth perception.

Shape Constancy

The perception of the shape of an object as constant even when its shape changes on the retina.

Visual Angle

A measure of the size an object appears to an observer, determined by the object's actual size and its distance from the observer.