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Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. A deed was properly completed and executed. Title to the property passed when the deed was
A) accepted by the grantee.
B) signed.
C) acknowledged.
D) recorded.
2. Coverage under a loan policy remains effective
A) during the life of the owner.
B) until the lender assigns the mortgage.
C) until the property is sold.
D) until the secured debt is satisfied.
3. A chain of title is best described as
A) a series of conveyances of public record.
B) a grantor/grantee index.
C) an opinion of title provided by an attorney.
D) an historical record of liens on the property.
4. Which of the following is the broadest form of ownership allowed by law?
A) fee simple
B) life estate
C) easement estate
D) leasehold
5. The effective date on a title commitment is the date
A) the public records were verified to.
B) the order was completed.
C) the commitment is issued.
D) of the last recording on record.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |