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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. 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) anti-kickback.
B) bundled services.
C) required use.
D) tied benefits.

2. When a mortgagee's title insurance policy is issued and no owner's policy will be issued, a written waiver must be signed by the:

A) Mortgagee
B) Mortgagor
C) Title agent
D) Seller

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

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

4. A deed was properly completed and executed. Title to the property passed when the deed was

A) signed.
B) acknowledged.
C) recorded.
D) accepted by the grantee.

5. Which of the following parties can file a claim under the provisions of a title policy?

A) The holder of a judgment against the insured.
B) The insured named under the policy.
C) The taxing authority with jurisdiction over the insured property.
D) The holder of an undisclosed interest in the insured property.

Solutions: