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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In this subtitle the following words have the meanings indicated.
(b)(1) “Abstract of title” means a representation of the state of title to property based on a review of the records that impart constructive notice relating to title to property in the State.
(2) “Abstract of title” includes a report of title and any other written or electronically created or preserved representation of the state of title to property.
(c)(1) “Title insurance commitment” means a written statement of the terms and conditions on which a title insurer is willing to issue a policy of title insurance if the title insurer accepts a premium for the policy.
(2) “Title insurance commitment” includes a binder.
Cite this article: FindLaw.com - Maryland Code, Insurance § 22-101 - last updated January 01, 2025 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-22-101/
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