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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Insurance Industry Overview | - Regulatory Framework
|
| Title Insurance Principles | - Title Search and Examination
|
| Real Estate and Settlement Procedures | - Closing Process
|
| Ethics and Professional Conduct | - Fiduciary Responsibilities
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. Which property type includes all lands, man-made improvements, anything growing on the lands, as well as interests, or "rights," including future occupancy, reversion, and the use of surface and air space?
A) Tangible
B) Personal
C) Intangible
D) Real
2. An ALTA survey of the land could disclose all of the following EXCEPT
A) a property line lawsuit.
B) the improvements on the land.
C) a violation of the setback line.
D) a pond located on the land.
3. Coverage under a loan policy remains effective
A) until the lender assigns the mortgage.
B) until the property is sold.
C) during the life of the owner.
D) until the secured debt is satisfied.
4. Which of the following is excluded from coverage in the standard owner's policy?
A) lack of a right of access to and from the land
B) recorded documentation on the title to real property without acknowledgment
C) any law, ordinance, or governmental regulation without filed notice
D) any claim for loss or damage based on negligence arising from the status of lien with the insured mortgage
5. Who of the following CANNOT be covered by a Closing Protection Letter?
A) Lender.
B) Seller.
C) Purchaser/buyer.
D) Escrow agent.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
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