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The laws of some states require that real estate brokers provide buyers and sellers with a...

The laws of some states require that real estate brokers provide buyers and sellers with a list of estimated closing costs before signing a contract for sale. At the closing, it is typically which of the following party’s responsibilities to pay the full premium for an owner’s title insurance policy?

A. Buyer

B. Seller

C. Lender

D. Broker

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Answer #1

Answer: Option B is correct.
At the closing, it is the seller's responsibility to pay the full premium for an owner’s title insurance policy.

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