Escrow & Title
In Hawaii, a 'preliminary title report' (title commitment) is issued by the title company BEFORE closing to:
AGuarantee title at closing
BDisclose existing liens, encumbrances, and conditions affecting the title✓ Correct
CSet the property's assessed value
DConfirm escrow instructions have been received
Explanation
A preliminary title report (commitment) reveals the current state of title, including any liens, easements, encumbrances, or exceptions. Parties review it to resolve title issues before closing.
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