Escrow & Title
Which of the following would be found as an exception on a title insurance commitment?
AThe legal description of the property
BThe names of the buyer and seller
CAn existing utility easement across the rear of the property✓ Correct
DThe purchase price
Explanation
Title insurance commitments list exceptions — items that are not covered by the policy. Known easements, deed restrictions, and other encumbrances that are already of record would be listed as exceptions, meaning the policy will not cover losses arising from those specific items.
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