Escrow & Title
A Connecticut property buyer wants to purchase title insurance but is concerned about an unresolved boundary dispute with a neighbor. The title insurance commitment will most likely:
ACover the boundary dispute automatically
BList the boundary dispute as an exception to coverage (Schedule B-2), meaning the policy will not cover claims arising from the boundary issue✓ Correct
CRequire the dispute to be resolved before coverage is issued
DCover the buyer but not the lender
Explanation
Known, unresolved disputes are listed as Schedule B-2 exceptions to title insurance coverage. The title insurer will not cover a known dispute that was disclosed before policy issuance.
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