“Commitment to insure” and “preliminary report of title” defined.

“Commitment to insure” or “preliminary report of title” means a report furnished in connection with an application for title insurance which constitutes an offer to issue a policy of title insurance subject to the terms, conditions and exceptions stated in the report, but which does not constitute a representation as to the condition of the title to real property. The term does not include an abstract of title. (Added to NRS by 1993, 2334)