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

2. The process by which a mortgage is enforced against real estate is called a

A) sheriff's sale.
B) non-judicial foreclosure.
C) forfeiture.
D) trustee sale.

3. The MAIN purpose of insurance is to

A) retain risk.
B) reduce risk.
C) transfer risk.
D) alter risk.

4. The effective date on a title commitment is the date

A) of the last recording on record.
B) the order was completed.
C) the commitment is issued.
D) the public records were verified to.

5. On what schedule of a title commitment would you find an easement that is proposed to be an exception from policy coverage?

A) B-I
B) C
C) B-II
D) A

Solutions: