What Are Schedule B Exceptions

The Schedule B “exceptions” are items which are tied to the subject property. These include Covenants, Conditions and Restrictions (CC&Rs), easements, homeowner’s association by-laws, leases and other items which will remain of record and transfer with the property.

What are exceptions on title?

An exception is a specific item that is not covered by the policy. Any exception listed on the title commitment carries over to the title insurance policy and limits coverage provided under the policy.

What are Schedule B II exceptions?

Schedule B-II Exceptions are commonly items that “run with the land.” They could be the covenants, reservations and restrictions associated with a community association. Or, they could be easements for utilities to access the property in order to maintain their lines or service.