Title Insurance: The Most Assured Form of Marketable Title

Which form of evidence has the most assurance the title is marketable?

A) Abstract of title by a title abstractor

B) Attorney opinion of abstract

C) Title search

D) Title insurance

Answer:

The form of evidence that has the most assurance the title is marketable is title insurance. Hence, the correct option is (D).

What Is Title Insurance?

Title insurance is a type of insurance that protects the holder from financial loss due to defects in the title of a property. Title insurance offers protection against title issues that are unknown, even if they are found in the title search or attorney opinion of an abstract. It provides the most assurance because it covers the holder for any issues that may arise with the title, even if they were not discovered during a title search or abstract of the title.

Therefore, title insurance provides the most evidence and assurance that the title is marketable. It is the most secure form of evidence to ensure the marketability of a title, giving peace of mind to property owners and buyers.