Which schedule identifies exemptions that carry over and how they may have been satisfied, such as gaps in time or missing signatures on old documents?

Which schedule identifies exemptions that carry over and how they may have been satisfied, such as gaps in time or missing signatures on old documents?

• A. Schedule A
• B. Schedule C
• C. Schedule B
• D. Schedule D

Answer: (C)

In a title commitment, the schedule that handles carry-over issues and how they were addressed is the one that records special exceptions or items that affect title but may have been cured by prior actions. This schedule tells you which problems from older documents—like gaps in the chain of title or a missing signature on an old deed—still exist as issues and whether they have been satisfied or require further cure before the policy can issue. It’s the place you look to see what carries over into the new owner's title and what steps (if any) have been taken to fix it. Understanding this helps you anticipate what the buyer and lender are actually being insured against and what might still need attention at closing.

In a title commitment, the schedule that handles carry-over issues and how they were addressed is the one that records special exceptions or items that affect title but may have been cured by prior actions. This schedule tells you which problems from older documents—like gaps in the chain of title or a missing signature on an old deed—still exist as issues and whether they have been satisfied or require further cure before the policy can issue. It’s the place you look to see what carries over into the new owner's title and what steps (if any) have been taken to fix it. Understanding this helps you anticipate what the buyer and lender are actually being insured against and what might still need attention at closing.