Virginia Real Estate Exam Practice Question
Where can you find out whats not covered by a title insurance policy?
Correct Answer: D
Rationale: The title insurance policy's schedule of exceptions explicitly lists what is not covered, providing clear and specific information. This document is essential for understanding the limitations of coverage.
Option A, the county clerk's office, primarily holds public records and may not detail insurance exceptions. Option B, the internet, can offer general information but lacks the specificity of individual policies. Option C, the lender's attorney, may provide insight but is not the definitive source for the policy's exceptions. Thus, the schedule of exceptions is the most reliable resource for understanding coverage limitations.
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