The type of title insurance that will protect the owner and heirs is called a (n)
A) lender's policy
B) owner's policy
C) leasehold policy
D) certificate of sale policy
Answer: B) owner's policy
You might also like to view...
In budgeting direct labor hours for the coming year, it is important to:
A) multiply production in units by the direct labor hours per unit. B) divide production in units by the direct labor hours per unit. C) subtract production in units from the direct labor hours per unit. D) subtract direct labor hours per unit from production in units. E) multiply production in units by the labor wage rate.
Which sentence is correct?
A) If there are no further questions about the matter, we will move on to other business. B) We need to explore our options farther in order to get a better answer to the situation. C) The construction site was further from the interstate than I thought it would be.