Escrow & Title
In Louisiana, a 'survey exception' in a title insurance commitment means:
AThe survey is included as part of the title policy at no extra cost
BThe policy excludes coverage for matters that would be revealed by an accurate survey✓ Correct
CThe survey was performed by a licensed Louisiana surveyor
DThe title company guarantees the survey boundaries
Explanation
A standard survey exception in a title insurance commitment excludes coverage for matters (such as encroachments, boundary disputes, or easements not of record) that would be revealed by an accurate survey of the property. Buyers can often remove this exception by obtaining a current survey.
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