Pennsylvania Producers Examination for Title Insurance Series 16-10: PA-Title-Insurance-Agent Exam
"Pennsylvania Producers Examination for Title Insurance Series 16-10", also known as PA-Title-Insurance-Agent exam, is a Insurance Licensing Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 67 Q&As to your PA-Title-Insurance-Agent Exam preparation. In the PA-Title-Insurance-Agent exam resources, you will cover every field and category in Pennsylvania Insurance Licencing (PAIN) Certification helping to ready you for your successful Insurance Licensing Certification.
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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Insurance Industry Overview | - Fundamentals of Insurance Principles
|
| Title Insurance Principles | - Title Insurance Policies
|
| Ethics and Professional Conduct | - Fiduciary Responsibilities
|
| Real Estate and Settlement Procedures | - Legal Concepts
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
Which property type includes all lands, man-made improvements, anything growing on the lands, as well as interests, or "rights," including future occupancy, reversion, and the use of surface and air space?
- A. Intangible
- B. Personal
- C. Tangible
- D. Real
Correct Answer: D 🗳️
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Which of the following items is least likely to be recorded?
- A. mortgage lien
- B. satisfaction of mortgage
- C. bill of sale
- D. mechanic's lien
Correct Answer: C 🗳️
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Which of the following statements is true concerning an unrecorded deed?
- A. it does not give constructive notice of ownership
- B. it need not contain a legal description
- C. it need not name the grantee
- D. it is not valid between the grantor and the grantee
Correct Answer: A 🗳️
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When a land owner uses his land as security for a loan, the encumbrance created is called
- A. a special security.
- B. a promissory note.
- C. an involuntary lien.
- D. a mortgage.
Correct Answer: D 🗳️
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According to the Fair Credit Reporting Act, an insurer needs to do all of the following, EXCEPT
- A. notify the applicant if an application is denied.
- B. inform the applicant about the scope of an investigation.
- C. inform the applicant that an investigation is being conducted.
- D. discuss any credit history inconsistencies with the applicant.
Correct Answer: D 🗳️
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