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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 one of the following estates may NOT be insured under a title insurance policy?

A) Leasehold.
B) License.
C) Easement.
D) Life estate.

2. The term used in the Real Estate Settlement Procedure Act (RESPA), that describes a situation in which a person must use a particular provider for settlement services in order to have access to some distinct service or property, is known as

A) bundled services.
B) required use.
C) anti-kickback.
D) tied benefits.

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

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

4. When a mortgagee's title insurance policy is issued and no owner's policy will be issued, a written waiver must be signed by the:

A) Title agent
B) Seller
C) Mortgagee
D) Mortgagor

5. What requirements define which closing costs are allowable as charges to the borrower?

A) ALTA
B) FHA
C) State
D) RESPA

Solutions: