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Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:

1. Coverage under a loan policy remains effective

A) until the lender assigns the mortgage.
B) during the life of the owner.
C) until the secured debt is satisfied.
D) until the property is sold.

2. A purchaser on a real estate contract has what interest in the subject property?

A) vendee's interest
B) fee simple interest
C) equitable interest
D) purchaser's interest

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

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

4. A manufactured home can be insured if

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

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

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

Solutions: