National Real Estate Exam Quiz
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OWNERSHIP, TRANSFER, AND TITLE
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A lender's title insurance policy differs from an owner's title insurance policy in that it:
A
Covers the lender's interest only up to the outstanding loan balance amount
B
Provides broader coverage including environmental issues and zoning violations discovered later
C
Remains in effect for the life of the property rather than just the mortgage term
D
Protects against future title defects that occur after the policy effective date
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