A standard policy of title insurance covers all of the following EXCEPT "unrecorded liens".
<u>Answer:</u> Option A
<u>Explanation:</u>
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.
Answer:
A nation state is a state in which the great majority shares the same culture and is conscious of it. The nation state is an ideal in which cultural boundaries match up with political ones.[1] According to one definition, "a nation state is a sovereign state of which most of its subjects are united also by factors which defined a nation such as language or common descent."[2] It is a more precise concept than "country", since a country does not need to have a predominant ethnic group.
A nation, in the sense of a common ethnicity, may include a diaspora or refugees who live outside the nation-state; some nations of this sense do not have a state where that ethnicity predominates
Answer:
They have to pay property tax, but the amount would be lower than middle age couple
Explanation:
Most states prepare a certain amount of Exemption for retired people's property tax. The amount will be different between each states, and the majority of states allow the exemption only for elderly who are 65 years old and above.
For example, if that elderly live in new york, they will receive 50% exemption from their property value. If they live in Houston, they'd have a fixed $160,000 exemption plus additional 20% of their property value.
