Which of the following is not typically included in a final policy for an owner's policy?

Prepare for the Ohio Land Title Association exam. Enhance your understanding of real estate transactions, title search, and property law. Study with interactive quizzes and detailed explanations to excel in your test.

In a final owner's title insurance policy, it is standard to include key details that pertain specifically to the property and the insured party. Options such as the amount of insurance, policy date, and legal description are essential components of the policy. These elements provide clear details regarding the extent of coverage, the effective date of the insurance, and the precise identification of the property being insured.

However, the name of the mortgage lender is typically not included in an owner's policy. This type of policy is designed specifically to protect the interests of the property owner, rather than those of the lender. Lenders are typically covered under a separate loan or mortgagee policy, which is specifically created to ensure the lender's interests in the property in the instance of loss. Thus, the inclusion of a mortgage lender's name is not appropriate in the context of an owner's title insurance policy.

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