According to Conway Bogue, title insurance companies act as what?

According to Conway Bogue, title insurance companies act as what?

• A. Underwriter
• B. Scrivener
• C. Trustee
• D. Beneficiary

Answer: (B)

The main idea is how a title company functions in a closing. According to Conway-Bogue, title insurance companies act as scriveners—they draft and prepare the documents used in the transaction (such as deeds, mortgages, and related instruments), ensure they’re properly executed, and help with the recording process. They’re facilitating and organizing the paperwork, not assigning risk or owning the property rights themselves. The title insurer bears the risk and issues the title policy, but the role described here focuses on document preparation and closing coordination, which is why scrivener is the best fit. The other roles—underwriter, trustee, or beneficiary—do not describe the typical function of a title company in this context.

The main idea is how a title company functions in a closing. According to Conway-Bogue, title insurance companies act as scriveners—they draft and prepare the documents used in the transaction (such as deeds, mortgages, and related instruments), ensure they’re properly executed, and help with the recording process. They’re facilitating and organizing the paperwork, not assigning risk or owning the property rights themselves. The title insurer bears the risk and issues the title policy, but the role described here focuses on document preparation and closing coordination, which is why scrivener is the best fit. The other roles—underwriter, trustee, or beneficiary—do not describe the typical function of a title company in this context.