Insurance Licensing PA-Title-Insurance-Agent actual dump : 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. A notarized deed ensures that the

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

2. A purchaser on a real estate contract has what interest in the subject property?

A) purchaser's interest
B) vendee's interest
C) fee simple interest
D) equitable interest

3. An insurance licensee must do all of the following in order to renew an insurance license EXCEPT

A) complete the continuing education requirements, if applicable.
B) pay the required renewal fee.
C) submit to the department a completed renewal form.
D) hold active insurer appointment(s).

4. Which of the following items is least likely to be recorded?

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

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

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

Solutions: