Which of the following is NOT shown on Schedule A of a title commitment?

Prepare for the Florida Title Insurance Exam. Use flashcards and multiple choice questions with hints and explanations. Get ready to pass your exam!

Schedule A of a title commitment provides essential information that establishes the key elements of a title insurance policy. It includes the name of the proposed insured and the amount of insurance coverage, which is critical since it identifies who is receiving the policy and the extent of protection being offered. Additionally, the legal description of the property is also included; this description is vital for pinpointing the exact boundaries and specifications of the property involved, ensuring that the title insurance applies to the correct parcel of land. Lastly, the name of the existing title holder is presented, as it reveals the current ownership status of the property and who is transferring the title.

In contrast, itemized exclusions from coverage are detailed on Schedule B, not Schedule A. These exclusions specify certain risks or conditions that the title policy will not cover, which is important information but belongs to a different section of the title commitment. Thus, while Schedule A lays out the foundational elements of the title insurance contract, line items for exclusions and exceptions are appropriately placed in Schedule B. This structure helps underline the emphasis on the coverage being provided and clarifies the essential details pertinent to the insured parties.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy