Escrow & Title
A Florida title insurance policy has a 'Schedule A' section. This section contains:
AExceptions to coverage
BBasic information about the insured transaction — effective date, insured parties, property description, and coverage amounts✓ Correct
CAll recorded liens against the property
DThe insurer's financial statements
Explanation
Schedule A in a title insurance policy contains basic transaction information: the effective date of the policy, the names of the insured parties, the legal description of the property, the title vesting, and the coverage amounts for the owner's and/or lender's policies.
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