Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 : PA-Title-Insurance-Agent

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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 manufactured home can be insured if

A) the motor vehicle title has been deactivated, it is affixed and assessed as real property.
B) it has a motor vehicle title and is located on the insured property.
C) it is on the insured property and has a permanent foundation.
D) a mortgage has been filed describing the manufactured home.

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

3. All of the following are subject to false advertising regulations EXCEPT

A) statements.
B) gifts.
C) circulars.
D) letters.

4. To satisfy a mortgage of record, which of the following must be filed?

A) a certified copy of original mortgage
B) an original note
C) a mortgage satisfaction
D) a payoff statement

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

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

Solutions: