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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Insurance Industry Overview | - Fundamentals of Insurance Principles
|
| Ethics and Professional Conduct | - Fiduciary Responsibilities
|
| Real Estate and Settlement Procedures | - Closing Process
|
| Title Insurance Principles | - Title Insurance Policies
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. The effective date on a title commitment is the date
A) the order was completed.
B) the commitment is issued.
C) of the last recording on record.
D) the public records were verified to.
2. Which of the following statements is true concerning an unrecorded deed?
A) it is not valid between the grantor and the grantee
B) it need not name the grantee
C) it need not contain a legal description
D) it does not give constructive notice of ownership
3. Which of the following is considered a voluntary lien?
A) Mortgage lien.
B) Construction lien.
C) State tax lien.
D) Real estate tax lien.
4. A statement included on a title commitment such as "record warranty deed from the owner shown in Schedule A vesting title in the proposed insured" is an example of a
A) standard exception.
B) requirement.
C) post policy event.
D) condition.
5. A statement included on a title commitment such as "record warranty deed from the owner shown in Schedule A vesting title in the proposed insured" is an example of a
A) standard exception.
B) requirement.
C) post policy event.
D) condition.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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