Escrow & Title
A 'commitment for title insurance' in NC is issued by the title company to:
AProvide final title insurance coverage
BDescribe the conditions and exceptions under which the title company agrees to issue a title insurance policy✓ Correct
CClear all title defects before closing
DProvide a legal opinion on title
Explanation
A title commitment describes the status of title as found in the public records, lists any exceptions and requirements, and commits the title insurer to issue a policy upon satisfaction of the stated requirements.
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