The title-commitment schedule identifying the proposed policies, insured parties, ownership interest, current vesting, and land.
Title Commitment Schedule A is the section of a title commitment that identifies the proposed policies, insured parties, ownership interest, current vesting, and land involved in the transaction.
The exact layout depends on the commitment form and jurisdiction. On a common ALTA-style commitment, Schedule A is the transaction-identity section rather than the list of requirements and exceptions.
Schedule A tells the borrower and lender what the title insurer believes it is preparing to insure. If the proposed insured name, policy amount, ownership interest, current owner, or land description does not match the closing file, later requirements and policy coverage may be built on the wrong transaction facts.
The schedule also has a commitment date. That date identifies the effective point for the commitment’s title information, subject to its terms. It should not be confused with the closing date, recording date, or final policy date.
Schedule A is worth reviewing even when Schedule B contains the more obvious problems. A misspelled buyer name may affect vesting documents. An incorrect legal description may point to the wrong parcel or omit part of the land. A proposed lender-policy amount that no longer matches the loan may need updating before policy issuance.
The title provider prepares Schedule A after examining title evidence and receiving transaction details. The buyer, lender, settlement agent, and other responsible parties may review it while the mortgage and deed documents are being prepared.
Changes to the buyer, lender, loan amount, vesting choice, legal description, or property interest can require an updated commitment. The title company may also amend Schedule A when corrected information becomes available.
At closing, Schedule A should align with the deed, mortgage or deed of trust, lender instructions, and proposed title policies. The final issued policy replaces the commitment as the governing coverage document.
| Item | Borrower-facing check |
|---|---|
| Commitment date | Through what date is the commitment effective? |
| Proposed policy type | Is an owner policy, lender policy, or both proposed? |
| Proposed insured | Are the buyer and lender names accurate for their respective policies? |
| Proposed policy amount | Does the amount align with the expected coverage and current transaction? |
| Estate or interest | Is the ownership interest, such as fee or leasehold, correctly identified? |
| Current vesting | Does the listed owner match the party expected to convey or refinance? |
| Land description | Does the legal description identify the intended property interest? |
Transaction-identification data may also appear for administrative reference. Borrowers should not treat a street address or loan number as a substitute for reviewing the legal land description and proposed insured information.
A couple plans to take title together, but Schedule A lists only one buyer as the proposed owner-policy insured. The lender-policy amount also reflects an earlier loan figure before the down payment changed.
The buyers raise both discrepancies before documents are finalized. The title provider updates the proposed insured information and policy amount, and the settlement team confirms that the deed’s vesting and lender documents use the approved names and final loan terms.
Schedule A differs from Title Commitment Schedule B. Schedule A identifies the transaction and proposed coverage; Schedule B generally contains requirements and exceptions.
It differs from the Closing Disclosure. The Closing Disclosure reports loan terms, costs, credits, and cash to close. Schedule A identifies title-insurance and property-interest details.
It also differs from the final title policy. A commitment states the insurer’s conditional willingness to issue a policy after requirements are met. The issued policy states the actual insured interest, coverage, exceptions, and effective date.