Escrow & Title
A Virginia buyer's title insurance commitment shows Schedule B — the exceptions to coverage. These exceptions include:
AOnly environmental issues
BItems that would NOT be covered by the policy, such as rights of parties in possession, unrecorded easements, and survey matters✓ Correct
CAll liens and mortgages
DProperty tax assessments only
Explanation
Schedule B of a title commitment lists exclusions and exceptions — specific items that the policy will NOT cover, such as unrecorded easements, rights of parties in possession, or survey-disclosed matters.
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