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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

A deed to a lot in Greenacre is recorded. Two parties who are NOT married to each other are named as grantees. The deed does NOT mention any form of tenancy. How do the grantees hold title to the lot?

A. as joint tenants
B. as tenants at sufferance
C. as tenants in common
D. as tenants by the entireties

Question 2

A waiver is defined as the

A. acceptance of terms of the policy.
B. modification of a known right.
C. misrepresentation of a known right.
D. intentional and voluntary giving up of a known right.

Question 3

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

A. B-I
B. C
C. B-II
D. A

Question 4

The term used in the Real Estate Settlement Procedure Act (RESPA), that describes a situation in which a person must use a particular provider for settlement services in order to have access to some distinct service or property, is known as

A. bundled services.
B. required use.
C. anti-kickback.
D. tied benefits.

Question 5

A purchaser on a real estate contract has what interest in the subject property?

A. vendee's interest
B. equitable interest
C. purchaser's interest
D. fee simple interest

Solutions: