TITLE COMMITMENT
Q: What is title commitment?
A: "A title commitment is the title insurer's commitment or promise to insure title to the property. When you close on a property, one of the things you should be getting is a title commitment, which essentially says that that underwriter is willing to insure that you are going to have good and marketable title after the closing. The title commitment is the precursor of the title policy which makes that insurance."
A: "A title commitment is the title insurer's commitment or promise to insure title to the property. When you close on a property, one of the things you should be getting is a title commitment, which essentially says that that underwriter is willing to insure that you are going to have good and marketable title after the closing. The title commitment is the precursor of the title policy which makes that insurance."