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

1. 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) Personal
B) Tangible
C) Real
D) Intangible

2. A state tax lien filed in the county where the taxpayer owns property is

A) only a lien against the property described in the lien.
B) only a lien upon the sale of the property.
C) a lien that remains in force for a 3-year period.
D) a lien against any property owned by the taxpayer in the county.

3. What requirements define which closing costs are allowable as charges to the borrower?

A) ALTA
B) State
C) RESPA
D) FHA

4. What must accompany the satisfaction piece when presented for recording?

A) The original mortgage instrument
B) The certificate of title
C) The final receipt
D) The payment record

5. 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 signatures on the document must be acknowledged.
D) The addresses of grantees must be provided on a special form appended to the document.

Solutions: