Here's a brief and fundamental summary of the four schedules within the Title Insurance Commitment.
A title commitment represents a pledge from the title company to provide insurance for the property and issue a title policy once the conditions outlined in the commitment are satisfied.
If you have any inquiries regarding a specific title commitment or transaction, please reach out to your escrow officer.
“A” is for “Actual Facts”
In other words, this is the “Who, What, Where and How Much” of the transaction. You’ll see the names of the seller and buyer, the types of policies to be issued, a description of the property, the sales price, and the name of the lender if any.
“B” is for “Buyer Notification"
“C” is for “Clear to Close”
“D” is for “Disclosure”