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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Real Estate and Settlement Procedures | - Legal Concepts
|
| Title Insurance Principles | - Title Search and Examination
|
| Ethics and Professional Conduct | - Fiduciary Responsibilities
|
| Insurance Industry Overview | - Fundamentals of Insurance Principles
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
A state tax lien filed in the county where the taxpayer owns property is
- A. only a lien upon the sale of the property.
- B. a lien that remains in force for a 3-year period.
- C. a lien against any property owned by the taxpayer in the county.
- D. only a lien against the property described in the lien.
Correct Answer: C 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
An agent who collects money from an insured and holds it for payment to the insurer is
- A. wrongfully withholding funds.
- B. providing coverage.
- C. acting in a fiduciary capacity.
- D. commingling funds.
Correct Answer: C 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
The effective date on a title commitment is the date
- A. the commitment is issued.
- B. the order was completed.
- C. of the last recording on record.
- D. the public records were verified to.
Correct Answer: D 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
Which of the following statements is true concerning an unrecorded deed?
- A. it need not name the grantee
- B. it is not valid between the grantor and the grantee
- C. it does not give constructive notice of ownership
- D. it need not contain a legal description
Correct Answer: C 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
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. post policy event.
- C. standard exception.
- D. condition.
Correct Answer: A 🗳️
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