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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 leasehold interest in real property ownership is

A) an insurable interest.
B) an usury interest.
C) a non insurable interest.
D) a lien interest.

2. Under the terms of a title insurance policy, when a disputed claim is decided by a neutral third party, the process is called

A) subrogation.
B) indemnification.
C) arbitration.
D) litigation.

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

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

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

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

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

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

Solutions: