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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. What must accompany the satisfaction piece when presented for recording?

A) The original mortgage instrument
B) The certificate of title
C) The payment record
D) The final receipt

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

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

3. Which of the following is excluded from coverage in the standard owner's policy?

A) any law, ordinance, or governmental regulation without filed notice
B) lack of a right of access to and from the land
C) any claim for loss or damage based on negligence arising from the status of lien with the insured mortgage
D) recorded documentation on the title to real property without acknowledgment

4. Coverage under a loan policy remains effective

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

5. The process by which a mortgage is enforced against real estate is called a

A) forfeiture.
B) sheriff's sale.
C) trustee sale.
D) non-judicial foreclosure.

Solutions: