Escrow & Title
A title insurance policy exception lists items that are:
ACovered by the policy
BNOT covered by the policy and excluded from protection✓ Correct
COnly related to survey issues
DOnly applicable to lender policies
Explanation
Schedule B of a title insurance policy lists exceptions — specific recorded matters and general exceptions that are NOT covered by the policy. Buyers should review exceptions carefully before closing.
Related Washington Escrow & Title Questions
- The Washington Escrow Agent Registration Act (RCW 18.44) regulates which entities?
- In Washington, a special warranty deed (also called a statutory warranty deed in some contexts) warrants title against claims arising:
- In Washington, a notice of trustee's sale must be recorded and mailed to the borrower at least how many days before the sale?
- In Washington, which document conveys real property from a grantor to a grantee and contains the strongest title warranties?
- In Washington, real property taxes constitute a specific lien on the property assessed that has priority over:
- In Washington, what does a preliminary title commitment (prelim) represent?
- Washington's Deed of Trust Act gives a borrower how many days after the trustee's sale to assert any claims against the trustee or lender for procedural violations?
- Washington's recording act is a 'race-notice' statute, meaning a subsequent purchaser is protected if they:
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →