
educationMay 13, 20263:33pending
Real Estate Exam [Texas] 28, Title Policy and Survey Requirements
About this episode
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The crucial distinction between a Title Commitment (a promise before closing) and a Title Policy (protection after closing).
- Why payment for the owner's title policy is always a negotiable item in the Texas sales contract, regardless of local customs.
- The three survey options available to the buyer and seller in the contract and who is responsible for costs.
- The process and timeline for a buyer to object in writing to title defects found in the commitment or survey.
- What it means for a seller to "cure" a title defect and the buyer's right to terminate if the issue is not resolved.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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