Escrow & Title
In Alaska, a buyer who receives a 'survey exception' in the title insurance commitment should:
AAccept it since it is standard in all policies
BObtain a survey to identify any survey-related issues before closing✓ Correct
CWaive the exception to expedite closing
DAsk the title company to remove it without conducting a survey
Explanation
A survey exception in a title commitment means the policy will not cover losses due to survey-related issues (encroachments, boundary disputes, unrecorded easements visible on inspection). Obtaining a current survey before closing identifies these issues and may allow the buyer to obtain coverage or address the problem.
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