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.
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