West Virginia Mortgage Law Practice Test 2026 - Free Mortgage Law Practice Questions and Study Guide

Question: 1 / 400

In West Virginia, proof of all hazard insurance obtained in connection with a loan must be provided to the borrower within how many days from the date of application for coverage?

15 days

In West Virginia, the requirement for providing proof of all hazard insurance to the borrower is set at 15 days from the date of application for coverage. This timeline ensures that borrowers are quickly informed about their insurance status, which is crucial for protecting the collateral of the loan and ensuring that the borrower is aware of their insurance obligations. This rapid response aligns with the broader goals of transparency and consumer protection in the mortgage process. Keeping the timeframe concise helps facilitate smooth transactions and allows borrowers to address any concerns about their insurance promptly. Thus, 15 days is the correct timeframe established by West Virginia law to ensure borrowers are adequately informed.

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