JY CHEN - Ask Anything, Learn Everything. Logo

In Business / College | 2025-07-04

How many title policies are typically issued at a closing?
A) Two
B) One
C) Three
D) None of these

Asked by nyahgarland705

Answer (2)

Typically, two title policies are issued at a closing: one for the buyer and one for the lender. These policies protect the interests of both parties against potential claims. While more policies may be issued depending on the number of lenders involved, the standard answer is two.
;

Answered by Anonymous | 2025-07-04

Typically, two title policies are issued at a closing: one for the buyer and one for the lender. This protects the ownership and the lender's investment against potential claims. Sometimes, more than two may be issued if additional lenders are involved. ;

Answered by GinnyAnswer | 2025-07-04