What type of exceptions are included in all commitments and policies?

General exceptions are included in all commitments and policies because they cover the standard risks that are typically not insurable by title insurance. These exceptions usually address issues such as rights of parties in possession, zoning, restrictions, and any other matters that are not recorded in the public records but may still impact the property.

Including general exceptions serves to inform all parties involved about potential risks associated with the property that are outside the purview of title insurance coverage. This foundational understanding helps property buyers and lenders recognize that while title insurance provides protection against many title defects, it does not cover every possible issue related to the property.

Specific exceptions, endorsements, and mortgage exceptions, while important in certain contexts, are either tailored to individual policies or relate directly to specific transactions and thus do not apply universally to all commitments and policies.