Insurance Licensing PA-Title-Insurance-Agent : Pennsylvania Producers Examination for Title Insurance Series 16-10

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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:

Question #1
Which document is recorded in the recorder of deeds?

A. realty transfer tax statement of value
B. mechanic's lien
C. civil judgment
D. notice of lis pendens

Question #2
An ALTA survey of the land could disclose all of the following EXCEPT

A. the improvements on the land.
B. a pond located on the land.
C. a property line lawsuit.
D. a violation of the setback line.

Question #3
Coverage under a loan policy remains effective

A. until the property is sold.
B. during the life of the owner.
C. until the secured debt is satisfied.
D. until the lender assigns the mortgage.

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

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

Question #5
An insurer fails to promptly provide a reasonable explanation for the denial of a claim as a general business practice. This is considered to be

A. a contractual liability.
B. a fraudulent insurance act.
C. an unfair insurance practice.
D. a violation of the grace period provision.

Solutions: