Escrow & Title
A 'survey exception' in a title insurance policy means:
AA. The policy covers all survey-related issues
BB. The policy excludes losses arising from matters that would be revealed by a current accurate survey✓ Correct
CC. The survey has been completed and the results are incorporated
DD. No survey is required because the title is clear
Explanation
A standard title insurance policy typically contains a survey exception, excluding coverage for matters (encroachments, boundary disputes) that an accurate survey would reveal. Obtaining a current survey and requesting survey coverage eliminates this exception.
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