Escrow & Title
A preliminary title report in Arizona discloses:
AThe final insured title
BExceptions and encumbrances affecting title that will appear in the title insurance policy✓ Correct
CThe appraised value of the property
DThe final closing costs
Explanation
A preliminary title report (or title commitment) is issued before closing and identifies exceptions to coverage—encumbrances, liens, easements, and other items the title company will not insure against.
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