What Is A Title Commitment?

In Florida, a title commitment is a document issued by a title insurance company that outlines the terms and conditions under which it will issue a title insurance policy. It’s essentially a promise to insure the title once certain requirements are met, such as resolving liens, paying off mortgages, or clearing up ownership issues. It's a crucial step in the closing process, giving buyers, sellers, and lenders a clear picture of the property's title status before finalizing the deal.