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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. All of the following are considered valid monuments for the purpose of legally describing real property EXCEPT a

A) corner of a recorded subdivision lot.
B) highway.
C) fence line.
D) iron pin.

2. A chain of title is best described as

A) a grantor/grantee index.
B) an historical record of liens on the property.
C) a series of conveyances of public record.
D) an opinion of title provided by an attorney.

3. The process by which a mortgage is enforced against real estate is called a

A) non-judicial foreclosure.
B) forfeiture.
C) sheriff's sale.
D) trustee sale.

4. The MAIN purpose of an endorsement is to

A) increase the premium.
B) decrease the premium.
C) modify the policy.
D) describe the covered losses.

5. A statement included on a title commitment such as "record warranty deed from the owner shown in Schedule A vesting title in the proposed insured" is an example of a

A) requirement.
B) post policy event.
C) condition.
D) standard exception.

Solutions: