Escrow & Title
A Utah title company issues a title commitment with Schedule B-I (requirements) and Schedule B-II (exceptions). Schedule B-II exceptions mean:
AAll listed items will be covered by the policy
BThe policy will not cover the listed items unless they are resolved prior to closing✓ Correct
CThe requirements for closing have been met
DThe title is clear of all encumbrances
Explanation
Schedule B-II exceptions are items the title policy will not cover—they remain as title defects or encumbrances (easements, restrictions, taxes). Schedule B-I lists requirements that must be met before the policy will be issued.
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