On which Schedule is a lien for child support listed?

Prepare for the Waco Title Insurance Test. Study with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you succeed. Get ready for your exam!

The correct answer, which identifies where a lien for child support is listed, is Schedule BI - Requirements. This schedule typically contains specific details regarding any requirements that must be met for the title insurance policy, including the handling of any liens or claims against the property.

Liens for child support are considered encumbrances, and their presence can affect the title to a property. Schedule BI is designed to clarify the obligations that must be satisfied to mitigate these encumbrances before a title insurance policy can be issued or before a property transaction can be finalized. Listing child support liens here ensures that anyone dealing with the title can be aware of these obligations, and it underscores the importance of resolving such liens prior to closing a transaction.

Other schedules typically address different types of information. For example, Schedule A usually contains general information about the property and the parties involved, while Schedule B generally lists exceptions to coverage. Schedule C often outlines items related to the survey or zoning of the property, which do not specifically relate to lien requirements.

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