Respuesta :
A standard policy of title insurance covers all of the following EXCEPT "unrecorded liens".
Answer: Option A
Explanation:
Title insurance covers all property owners and borrowers against damage or loss arising from liens, liabilities or deficiencies in a property's title or property's possession.
In general, a standard title insurance policy would cover the applicant against damages resulting from title errors such as:
- Forged documents such as deeds, dower releases, mortgages;
- Undisclosed heirs;
- Capacity deficient (minors);
- Wrong legal understanding of wills;
- Incomplete records, unwanted acknowledgments;
- Misunderstanding arising from name similarities;
- Wrong marital status and intellectual incompetence.
