Maryland title insurance policy does not insure against loss resulting from:

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Maryland title insurance policy does not insure against loss resulting from:

A. Title defect
B. Lack of a right of access to and from the land
C. Unmarketability of the title
D. Exercise of police powers

Answer: D. Exercise of police powers

Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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