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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Real Estate and Settlement Procedures | - Legal Concepts
|
| Insurance Industry Overview | - Regulatory Framework
|
| Title Insurance Principles | - Title Insurance Policies
|
| Ethics and Professional Conduct | - Fiduciary Responsibilities
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. The process by which a mortgage is enforced against real estate is called a
A) trustee sale.
B) sheriff's sale.
C) non-judicial foreclosure.
D) forfeiture.
2. On what schedule of a title commitment would you find an easement that is proposed to be an exception from policy coverage?
A) C
B) A
C) B-II
D) B-I
3. Which of the following types of deeds provides the purchaser of real estate the greatest protection?
A) deed in trust
B) trustee's deed
C) quitclaim deed
D) general warranty deed
4. Karen has a life estate in the property. Upon her death, the property passes to
A) the previous owner.
B) her spouse.
C) the remainderman.
D) her heirs.
5. Which section of a title insurance policy lists the rights of the insurer?
A) declarations
B) exclusions from coverage
C) insuring agreement
D) conditions
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
