Escrow & Title
What is a 'title exception' in a South Carolina title insurance policy?
AA property that is exceptionally valuable
BA specific matter excluded from coverage because it was found in the title search✓ Correct
CAn exception to the closing attorney requirement
DA property tax exemption
Explanation
Title exceptions are specific items (easements, deed restrictions, pending liens) found in the title search that are excluded from coverage by the title insurance policy. The buyer must evaluate whether they can accept these exceptions.
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