Which of the following are types of title policies?

The correct answer identifies types of title policies, focusing on title insurance and its relevant factors essential for real estate transactions. In the context of real estate, a title policy protects property buyers and lenders from potential losses arising from defects in the title.

Title insurance, which is referred to in the answer choice, covers issues like liens, encumbrances, or disputes over ownership that may not have been discovered during the title search. Termite inspections, although related to home purchases, address pest issues rather than title defects, and an Engineer Certification of Foundation, while important for ensuring the home’s structural integrity, is not classified as a title policy.

In contrast, the other options provided lists unrelated or incorrect types of policies. Home, Auto, and Life pertain to personal insurance categories, not related to title policies in real estate. Final, Termite, and Comprehensive include terms not directly describing title policies and miss the focus on ownership and claims related to property. Warranty, Lifetime, and Builder's include warranty terms more relevant to construction and service guarantees rather than protection against title issues.

Understanding this highlights the importance of title policies in real estate transactions and reinforces their role in safeguarding property ownership rights.