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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. Which of the following statements is true concerning an unrecorded deed?

A) it need not name the grantee
B) it need not contain a legal description
C) it does not give constructive notice of ownership
D) it is not valid between the grantor and the grantee

2. The sale of a property was subject to the buyer's being able to assume an existing loan on the property. Upon examination, the note was found to contain a clause that prohibited the assumption of the loan. The clause was

A) a prepayment clause.
B) a subordination clause.
C) an assumption clause.
D) a due-on-sale clause.

3. All of the following are considered valid monuments for the purpose of legally describing real property EXCEPT a

A) iron pin.
B) highway.
C) fence line.
D) corner of a recorded subdivision lot.

4. A notarized deed ensures that the

A) title is clear.
B) title is transferred.
C) deed can be recorded.
D) deed is legally binding.

5. Which of the following types of deeds provides the purchaser of real estate the greatest protection?

A) general warranty deed
B) deed in trust
C) trustee's deed
D) quitclaim deed

Solutions: