Which of the following must accompany a title insurance policy to alert the lender to certain conditions?

The correct answer is an endorsement, which is a supplemental provision that modifies the coverage of a title insurance policy. Endorsements are critical because they provide additional assurances to the lender about specific conditions or risks related to the property. For instance, if there are certain encumbrances or exceptions that need to be specifically addressed, endorsements will clarify how those issues are handled or covered under the policy. This allows lenders to understand the full implications of these conditions on the property's title.

Accompanying documentation like a Closing Disclosure outlines the financial terms of the transaction, while a Title Update typically refers to a current status report on the title without altering policy terms. A Regulatory Statement might address legal obligations or compliance but does not specifically modify the policy's coverage. Endorsements are thus essential for ensuring that all specific conditions affecting the transaction are clearly communicated to the lender.