Given the following information, calculate the total amount of annual operating
expenses for this income-producing property. Lawn care: $10,000, Property taxes:
$24,000, Maintenance: $35,000, Janitorial: $25,000, Security: $32,000, Debt service:
Unlike other forms of evidence of title, title insurance guards the grantee against certain
risks. However, there are a number of important limits to title insurance. Which of the
following is an example of the limits to title insurance?
A. It does not protect the grantee from the threat of physical damage to the property.
B. It does not protect a grantee against the legal costs of defending the title
C. It does not protect a grantee against loss of the property in case of an unsuccessful
D. It does not protect against legal attack on the owner's title arising from a claim that
diminishes the owner's rights of use.