Escrow & Title
A NH title insurance commitment (binder) is issued before closing to:
AGuarantee that closing will happen by a certain date
BCommit the title company to issue a policy, subject to exceptions listed in the commitment✓ Correct
CConfirm the property's market value
DCertify that all liens have been paid
Explanation
A title insurance commitment commits the title insurer to issue a policy upon satisfaction of its conditions. It lists requirements (liens to be cleared) and exceptions (items not covered), giving parties notice of title issues before closing.
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