Escrow & Title
Texas title insurance Schedule B-II lists:
AThe requirements the seller must satisfy before closing
BExceptions that will remain in the policy — matters not covered by the insurance✓ Correct
CThe names and addresses of all parties to the transaction
DThe legal description of the property
Explanation
Schedule B-II of a Texas title commitment lists the exceptions to coverage — matters that will appear in the final policy and for which the title company will not provide coverage (known liens, easements, deed restrictions, etc.).
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