Multiple Choice
All but one of the following represent important differences between title insurance and other contracts of property and liability insurance:
A) Under title insurance no losses, as such, are expected,
B) Any losses payable under the title insurance contract must have had their origin prior to the effective date of the policy,
C) Title insurance is noncancellable,
D) There is no expiration date in title insurance,
E) Title insurance may contain certain excluded sources of loss.
Correct Answer:

Verified
Correct Answer:
Verified
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