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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. Title insurance NOT covering the insured for unpaid property taxes, which are NOT known at the time of closing, would be considered a

A) standard exception.
B) covenant.
C) federal lien.
D) judgment.

2. The commissioner may refuse to issue a license if the applicant

A) is 20-years of age.
B) provided incorrect information on licensing application.
C) has allowed an insurance license to lapse.
D) is not a resident of Pennsylvania.

3. An ALTA survey of the land could disclose all of the following EXCEPT

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

4. When a mortgagee's title insurance policy is issued and no owner's policy will be issued, a written waiver must be signed by the:

A) Title agent
B) Mortgagee
C) Seller
D) Mortgagor

5. When a land owner uses his land as security for a loan, the encumbrance created is called

A) a special security.
B) a promissory note.
C) an involuntary lien.
D) a mortgage.

Solutions: