A title commitment — also called a commitment for title insurance or binder — is the formal document from the title company that sets out the conditions under which it will issue a title insurance policy. It is the result of the title search and examination, and it tells all parties exactly what must happen before closing and what will (and will not) be covered by the final policy. Please refer to our detailed commitment for title insurance entry for a comprehensive explanation of schedules, requirements, and exceptions.
At Beycome Title, we issue commitments promptly and review them with all parties in plain language. Get your free title quote.