Escrow & Title
In Texas, a title commitment Schedule B-II lists:
AAll parties to be insured under the policy
BExceptions to coverage that will appear in the final policy✓ Correct
CRequirements that must be met before the title company will issue the policy
DThe legal description of the property
Explanation
Schedule B-II of a Texas title commitment lists the exceptions to title coverage—items the policy will NOT cover, such as easements, restrictions, and encumbrances found in the title search. Schedule B-I lists requirements (conditions to be met before the policy issues).
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