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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. 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

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) litigation.
D) arbitration.

3. The Real Estate Settlement Procedure Act (RESPA), Section 8 violation that refers to a person giving or accepting a fee or "thing of value" for the referral of business is known as a

A) required use.
B) kickback.
C) bundled services.
D) conversion.

4. Which of the following is NOT the responsibility of the Notary Public when taking an acknowledgment on a Deed, Mortgage or Deed of Trust?

A) affix his or her official stamp
B) sign his or her name on the witness line
C) obtain proper identification from all signers
D) list the expiration date of his or her commission

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

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

Solutions: