Insurance Licensing PA-Title-Insurance-Agent Test Passed : 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:

1. Coverage under a loan policy remains effective

A) until the secured debt is satisfied.
B) during the life of the owner.
C) until the lender assigns the mortgage.
D) until the property is sold.

2. The effective date on a title commitment is the date

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

3. A notarized deed ensures that the

A) deed is legally binding.
B) title is clear.
C) title is transferred.
D) deed can be recorded.

4. Which of the following is NOT among the requirements for recording a document affecting title to property in Pennsylvania?

A) The executed title insurance policy must be sent to the state insurance department.
B) The stamp of the notary must be clear and legible and nothing may be written over it.
C) The signatures on the document must be acknowledged.
D) The addresses of grantees must be provided on a special form appended to the document.

5. Which of the following types of deeds provides the purchaser of real estate the greatest protection?

A) general warranty deed
B) quitclaim deed
C) deed in trust
D) trustee's deed

Solutions: