Escrow & Title
A 'title commitment' issued by an Ohio title company is:
AThe final title insurance policy
BA preliminary report showing conditions that must be satisfied before the title company will issue a policy✓ Correct
CA guarantee of the property's market value
DA summary of the property's tax history
Explanation
A title commitment (preliminary title report) lists the current state of title, exceptions, and conditions that must be met before the title company will issue the actual title insurance policy.
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