Foreclosure
Law Definitions
Preliminary Commitment
A binding contract with a title company to issue a
specific title plicy, showing only those exceptions
contained in the commitment and any intervening matters
after the date fo the commitment and prior to the
effective date of the policy. The commitment contains all
information included in the preliminary title report, plus
a list of the title company's requirements to insure the
transaction. It also includes the standard exceptions from
coverage that will appear in the policy.
Back to
foreclosure law definitions
Disclaimer
Back to the foreclosure
laws for all states
We can help you
Sell Your Home to Avoid Foreclosure.
All
you have to do is fill out this simple online form for a
quick response.
a representative will contact you about
how we can help you stop foreclosure today.
