What’s the Difference between a Commitment and a Title Policy?

Title insurance companies provide a “commitment” specifying the title policy terms and conditions they will issue to an insured. A commitment assures purchasers and lenders of the future title policy they will receive for the pending real property acquisition. Click below for a sample commitment for title insurance.

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Related Content

• Title Insurance Checklist (Owner's Policy Requirements)
  Use this owner's title insurance requirements checklist in conjunction with the title commitment, preliminary title report, pro forma title policy, and survey.

• Title Insurance Requirements Checklist (Lender)
  Refer to this lender’s title insurance requirements checklist to keep track of items that a commercial real estate lender may require for its lender's title insurance policy.

• Title Insurance and Survey Resource Kit (Commercial Real Estate Purchase and Sale) (National and Select States)
  Access this resource kit for information on where to find Practical Guidance resources related to title insurance and surveys, such as practice notes, practice videos, templates, clauses, and checklists.

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