Before you close on a property, you will likely receive a title commitment. Many buyers skim it or skip it. That can be a mistake. A title commitment shows what the title insurer will cover and what it will not. It can also reveal encroachments and restrictions that affect how you use the land.
What Is a Title Commitment?
It is a promise from a title insurer to issue a policy once some steps are done. It is based on a search of public records.
The Main Sections
- Schedule A lists the buyer, the property, the policy amount and who currently owns the property.
- Schedule B-I lists requirements that must be met before closing, such as paying off a mortgage or recording a deed.
- Schedule B-II lists exceptions. These are items the policy will not cover.
Encroachments
An encroachment happens when a structure crosses a property line. A fence, shed or driveway might sit on a neighbor’s land, or theirs on yours. A survey often finds them, and they may show up as exceptions.
Restrictions and Easements
Restrictions limit how you can use the land. They may come from deed restrictions or homeowners association documents. Easements give others the right to use part of the land, such as utility lines. These often appear in Schedule B-II.
Why Review Matters
Exceptions can affect your plans. A utility easement may block a pool. A restriction may limit rentals or fences. Knowing this before closing gives you time to ask questions or negotiate.
The Bottom Line
A title commitment is a roadmap to the property’s legal status. Kearney Law helps buyers and sellers review title commitments and handle closings in the Tampa Bay area.
*This article is general information about Florida law, not legal advice. Every case is different.*
