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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Title Exceptions and Procedures for Clearing Title | 21% | - Property-related issues
- Liens and encumbrances
|
| Topic 2: Title Insurance Principles | - Policy structure
| |
| Topic 3: General Insurance Concepts | 3% | |
| Topic 4: Insurance Regulation | 12% | - Federal regulation
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
Coverage under a loan policy remains effective
- A. until the property is sold.
- B. until the secured debt is satisfied.
- C. until the lender assigns the mortgage.
- D. during the life of the owner.
Correct Answer: B 🗳️
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.
Correct Answer: C 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
Which of the following is considered an involuntary lien?
- A. a life estate reservation
- B. HELOC loan
- C. federal tax lien
- D. deed restriction
Correct Answer: C 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
The term used in the Real Estate Settlement Procedure Act (RESPA), that describes a situation in which a person must use a particular provider for settlement services in order to have access to some distinct service or property, is known as
- A. tied benefits.
- B. required use.
- C. bundled services.
- D. anti-kickback.
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
Coverage under a loan policy remains effective
- A. until the property is sold.
- B. until the secured debt is satisfied.
- C. until the lender assigns the mortgage.
- D. during the life of the owner.
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
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