Escrow & Title
A Pennsylvania title insurance commitment (binder) is issued:
AAfter closing and recording
BBefore closing, showing the conditions that must be met for the policy to be issued✓ Correct
CBy the county recorder of deeds
DOnly for properties with existing mortgages
Explanation
A title commitment (preliminary title report) is issued before closing. It shows the current state of title, all recorded encumbrances, and the conditions (requirements and exceptions) that will apply to the title insurance policy upon closing.
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