What information is included in Schedule BI - Requirements?

The correct choice reflects the specific information contained in Schedule BI - Requirements within a title insurance commitment. This schedule outlines the conditions that must be met before the title insurance policy can be issued.

Specifically, it includes tasks such as recording certain deeds and mortgages that are essential to the transaction. These tasks ensure that the title is clear and that all necessary legal instruments are in place to protect the interests of the parties involved in the sale or transfer of property. By delineating the required tasks, it guides the parties in fulfilling their obligations before the title policy is finalized.

The other choices, while related to real estate transactions, do not accurately describe the contents of Schedule BI. Tasks and deeds captured in the correct answer focus on the steps necessary to proceed with the issuance of the title insurance policy. This focus on actionable items that must be completed is what makes the correct option particularly relevant in understanding the requirements outlined in a title commitment's Schedule BI.