Episode Details

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