Question
the purpose of title insurance is to: multiple choice protect an owner from changes in mortgage interest rates. transfer ownership of property. protect an owner from unforeseen property claims. cover the closing costs of a real estate transaction. reduce the chance of a decrease in property value.
Answer
To protect an owner from unforeseen property claims.
- Read the question and the answer choices.
- Eliminate answer choices that do not match the purpose of title insurance.
- Choose the answer that best matches the purpose of title insurance.