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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. When insuring a mortgage where there are intervening liens that prevent the lender from holding first lien priority, such other liens may be

A) subrogated to the lien of the insured mortgage.
B) restricted to the lien of the subject mortgage.
C) waived to the lien of the subject mortgage.
D) subordinated to the lien of the subject mortgage.

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 does not give constructive notice of ownership
D) it need not contain a legal description

3. A chain of title is best described as

A) an opinion of title provided by an attorney.
B) a grantor/grantee index.
C) a series of conveyances of public record.
D) an historical record of liens on the property.

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

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

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) condition.
B) post policy event.
C) standard exception.
D) requirement.

Solutions: