Insurance Licensing PA-Title-Insurance-Agent : Pennsylvania Producers Examination for Title Insurance Series 16-10

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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:

Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:

Question #1
Which of the following items is least likely to be recorded?

A. mortgage lien
B. bill of sale
C. mechanic's lien
D. satisfaction of mortgage

Question #2
Which of the following parties can file a claim under the provisions of a title policy?

A. The insured named under the policy.
B. The taxing authority with jurisdiction over the insured property.
C. The holder of a judgment against the insured.
D. The holder of an undisclosed interest in the insured property.

Question #3
A deed was properly completed and executed. Title to the property passed when the deed was

A. signed.
B. acknowledged.
C. recorded.
D. accepted by the grantee.

Question #4
The effective date on a title commitment is the date

A. of the last recording on record.
B. the public records were verified to.
C. the commitment is issued.
D. the order was completed.

Question #5
On what schedule of a title commitment would you find an easement that is proposed to be an exception from policy coverage?

A. B-II
B. B-I
C. A
D. C

Solutions: