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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) acknowledged.
B) recorded.
C) signed.
D) accepted by the grantee.

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

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

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

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

4. Which of the following is considered an involuntary lien?

A) a life estate reservation
B) federal tax lien
C) HELOC loan
D) deed restriction

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) condition.
C) post policy event.
D) standard exception.

Solutions: