Escrow & Title
In Alaska, which of the following would be MOST likely to show up as an exception in Schedule B of a title commitment?
AThe current asking price
BA recorded utility easement✓ Correct
CThe buyer's financing contingency
DThe broker's commission agreement
Explanation
Schedule B exceptions include recorded interests that will not be covered by the title policy — such as easements, mineral rights reservations, CC&Rs, and existing liens that will survive closing. These are encumbrances on the title that the buyer should review before closing.
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