Question

A standard owner's title insurance policy generally protects

a. the owner against loss of title in a foreclosure suit.
b. the owner against liabilities and losses resulting from title defects.
c. lienholders against loss of their collateral.
d. the seller against liability for conveying title with unrecorded defects.

Answer 1

Answer:

B.

Explanation:

It shields the new owner of the property from losses that could result unexpected claim to the property by a third party.