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A title insurance policy in Missouri protects against:

Correct Answer

B) Financial loss from title defects not discovered during the title search, including undisclosed liens and recording errors

Title insurance protects the insured against losses from title defects not found in the title examination, such as hidden claims, undisclosed heirs, forgeries, and errors in public records.

Answer Options
A
Property depreciation
B
Financial loss from title defects not discovered during the title search, including undisclosed liens and recording errors
C
Physical damage
D
High interest rates

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Related Topics & Key Terms

Related Topics:

Owner's policy vs. lender's policyTitle search and examinationTitle commitment/binderChain of titleMarketable title

Key Terms:

title insurancetitle defectsowner's policylender's policyundisclosed liens
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