Escrow & Title
In Washington, what does a preliminary title commitment (prelim) represent?
AA guarantee of clear title by the title company
BA title company's offer to issue a title insurance policy subject to stated exceptions✓ Correct
CA survey of the property boundaries
DA lien search of the property
Explanation
A preliminary title commitment (prelim) is the title company's conditional offer to issue title insurance, subject to the exceptions, conditions, and requirements listed in the commitment. It is not a guarantee of clear title.
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