Escrow & Title

What is a 'survey exception' in a Delaware title insurance policy?

AA property excluded from survey requirements
BAn exception in the title policy for matters that a current survey would reveal, such as encroachments, boundary disputes, or easements✓ Correct
CAn exception for survey costs not covered by title insurance
DA clause allowing the insurer to conduct their own survey

Explanation

A standard title policy contains a survey exception, excluding coverage for matters that an accurate current survey would show (encroachments, boundary discrepancies, easements not in the public record). An extended coverage policy or survey endorsement can remove this exception.

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