Escrow & Title
In Texas, which of the following would most likely appear as an exception in a title insurance commitment?
AThe property's market value
BA utility easement along the rear of the property✓ Correct
CThe buyer's loan amount
DThe property's square footage
Explanation
Title insurance commitments list exceptions to coverage—items the policy will not insure against. Common exceptions include utility easements, deed restrictions, and rights of parties in possession. These are existing encumbrances that the buyer takes subject to.
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