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SECTION
5 - MINIMUM INSURANCE: OWNER'S POLICY
- An owner's policy
shall not be issued for less than the greater of the contract price
(including all unpaid liens thereon which the purchaser assumes or takes
subject to) or the fair market value of the premises, except under the
provisions of Section 3(A), Section 15, Section 29, or Section 30 of
this manual.
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