A title commitment informs parties involved in a real estate transaction about the status of the property's title. It consists of four schedules: Schedule A outlines basic details like the property address, buyer, and purchase price. Schedule B lists any liens, easements, or other restrictions. Schedule C specifies requirements that must be met before title insurance will be issued. Schedule D discloses officers of the title company and premium amounts. The commitment ensures buyers are aware of any title issues before closing.

1. Title Company, Inc.
What is A Commitment?
Title Commitment
The Commitment for Title Insurance is issued only as a preliminary instrument in instances in which the
title company has a bonafide order for the policies of the title insurance specified therein, to be issued
within ninety (90) days from the effective date of the Commitment. There is no charge made by any
title company for the issuance of the Commitment.
Basically, the Commitment for Title Insurance informs those to be insured by a title policy of the condi-
tion of the property involved. In addition, it informs the future insureds of any requirements that must
be met before a policy will be issued. The Seller is required to furnish the Commitment to the
Purchaser. If a loan is part of the transaction, the Lender will require a Commitment at some time
during the procession of the loan.
A Commitment for Title Insurance Consists of Four Schedules
Schedule A Schedule B Schedule C Schedule D
Schedule A sets out the Schedule B informs the Schedule C informs the According to the State
effective date of the insured of everything of insureds of any require- Rules and Regulations,
commitment,the names record that affects the ments that must be met Schedule D is a disclosure
of the insureds, the sales property such as restric- before a policy(ies) will be of the officers of the Title
price, loan amount, the tions, liens, oil and gas issued. Company and Under-
estate or interest in the reservations, easements writer and also discloses
land (fee simple, ease- and so on, guarantees any the premiums to be
ment estate,leasehold ad valorem taxes are paid charged for the policy(ies)
estate, etc.) the name of current through a desig- and the beneficiary(ies) of
the person(s) in title at nated year and in general, such premiums.
the date of the commit- limits the liability of the
ment and the legal policy(ies) to be issued.
description of the prop-
erty under consideration.
All commitment forms, furnished by Underwriters, are exactly the same as to content. The only differ-
ence can be in the spacing of the items. The title industry is regulated closely by the Rules, Rates and
Forms for the writing of the Title Insurance in the State of Texas.
Belinda Mitchell, Escrow Officer
Ph: (800) 920-9270 x7302 Fax: (817) 912-3343
belinda.mitchell@ameristarusa.com
500 South Nolen Drive * Suite 100 * Southlake, Texas 76092
Tel: 800-920-9270 * Fax: 800-920-9271 * ameristarusa.com