A Title Insurance Policy Does Not Insure Against

question 19

Multiple Choice

A title insurance policy does not insure against:

• A) defects in title.
• B) undisclosed liens.
• C) defects in warranties.
• D) errors in the abstraction of the title.

---

Definitions:

Profit Center

A business unit or department within an organization that is responsible for generating its own revenue and profit.

Controllable Expenses

Costs that can be influenced by the decisions of a manager.

Profit Center Manager

A person responsible for overseeing a division or department within a company that is considered a separate entity for the purpose of tracking its revenues and expenses.

Operating Income

Income generated from a company's primary business activities, excluding revenue and expenses from peripheral activities, interest, and taxes.