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

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

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

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

3. When insuring a mortgage where there are intervening liens that prevent the lender from holding first lien priority, such other liens may be

A) waived to the lien of the subject mortgage.
B) restricted to the lien of the subject mortgage.
C) subrogated to the lien of the insured mortgage.
D) subordinated to the lien of the subject mortgage.

4. A local bank holds a mortgage on a certain property. A national bank has purchased the loan from the local bank. The proper document to be recorded in the recorder's office to evidence the ownership of the mortgage by the national bank is referred to as

A) a subordination.
B) a satisfaction.
C) an assignment.
D) a reconveyance.

5. Which of the following is considered a voluntary lien?

A) Mortgage lien.
B) Real estate tax lien.
C) Construction lien.
D) State tax lien.

Solutions: