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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. A waiver is defined as the

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

2. 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 in common
C) as tenants at sufferance
D) as tenants by the entireties

3. What must accompany the satisfaction piece when presented for recording?

A) The original mortgage instrument
B) The final receipt
C) The payment record
D) The certificate of title

4. Karen has a life estate in the property. Upon her death, the property passes to

A) the previous owner.
B) her heirs.
C) her spouse.
D) the remainderman.

5. A deed was properly completed and executed. Title to the property passed when the deed was

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

Solutions: