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Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:

1. Obtaining and recording releases of mortgages and reconveyances of trust deeds satisfied at closing is considered part of what process?

A) pre-closing
B) post-closing
C) disbursement
D) marketing

2. Which of the following statements is true concerning an unrecorded deed?

A) it need not contain a legal description
B) it need not name the grantee
C) it does not give constructive notice of ownership
D) it is not valid between the grantor and the grantee

3. The MAIN purpose of an endorsement is to

A) increase the premium.
B) describe the covered losses.
C) decrease the premium.
D) modify the policy.

4. On what schedule of a title commitment would you find an easement that is proposed to be an exception from policy coverage?

A) B-II
B) B-I
C) C
D) A

5. A statement included on a title commitment such as "record warranty deed from the owner shown in Schedule A vesting title in the proposed insured" is an example of a

A) post policy event.
B) requirement.
C) condition.
D) standard exception.

Solutions: