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Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. A licensee has violated a Pennsylvania insurance law. The commissioner CANNOT impose what penalty after the hearing?
A) license suspension
B) a jail sentence
C) a fine
D) license revocation
2. Which of the following is excluded from coverage in the standard owner's policy?
A) any law, ordinance, or governmental regulation without filed notice
B) lack of a right of access to and from the land
C) recorded documentation on the title to real property without acknowledgment
D) any claim for loss or damage based on negligence arising from the status of lien with the insured mortgage
3. Which of the following is NOT among the requirements for recording a document affecting title to property in Pennsylvania?
A) The stamp of the notary must be clear and legible and nothing may be written over it.
B) The executed title insurance policy must be sent to the state insurance department.
C) The addresses of grantees must be provided on a special form appended to the document.
D) The signatures on the document must be acknowledged.
4. Which of the following is the broadest form of ownership allowed by law?
A) life estate
B) easement estate
C) leasehold
D) fee simple
5. A notarized deed ensures that the
A) title is transferred.
B) deed is legally binding.
C) title is clear.
D) deed can be recorded.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: D |
By Tyler
