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

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

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

2. 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) condition.
B) requirement.
C) standard exception.
D) post policy event.

3. Coverage under a loan policy remains effective

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

4. Obtaining and recording releases of mortgages and reconveyances of trust deeds satisfied at closing is considered part of what process?

A) pre-closing
B) disbursement
C) post-closing
D) marketing

5. 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) condition.
B) requirement.
C) standard exception.
D) post policy event.

Solutions: