Understanding Title Commitments and Title Policies

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This Continuing Education (CE) course provides
valuable information and insight on the following
topics:
• Understanding where to locate the key title
commitment and previous policy requirements
• Understanding where to locate the marketable title
provisions in a particular sales contract/sales
agreement and be able to explain the difference
between insurable and marketable title
• Learn the components of a title commitment to
close known as the requirements and Schedule B-2
the Buyers Notifications or exceptions to the title
policy.
• Read and comprehend what transfers from a
commitment to a policy
• Appreciate the value of an Owner’s Policy of Title
Insurance
• Comprehend how title premiums are paid, the
term of the title policy and what happens in the
event of a title defect.