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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:

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

1. The MAIN purpose of insurance is to

A) alter risk.
B) retain risk.
C) transfer risk.
D) reduce risk.

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

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

3. A leasehold interest in real property ownership is

A) an usury interest.
B) a non insurable interest.
C) a lien interest.
D) an insurable interest.

4. Which section of a title insurance policy lists the rights of the insurer?

A) conditions
B) insuring agreement
C) exclusions from coverage
D) declarations

5. A deed was properly completed and executed. Title to the property passed when the deed was

A) acknowledged.
B) recorded.
C) accepted by the grantee.
D) signed.

Solutions: