Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 PA-Title-Insurance-Agent Prüfungsfragen mit Lösungen:

1. Title is held by John and Kate, as joint tenants with right of survivorship. If John dies, which is the simplest manner of establishing record evidence of the marketable title in Kate?

A) Nothing is required.
B) Record a certified copy of a probate court order of John's estate distributing the home to Kate.
C) Record in the county where the property is located a certified copy of John's death certificate.
D) Probate the estate of John.

2. Which of the following parties can file a claim under the provisions of a title policy?

A) The holder of a judgment against the insured.
B) The insured named under the policy.
C) The holder of an undisclosed interest in the insured property.
D) The taxing authority with jurisdiction over the insured property.

3. The Real Estate Settlement Procedure Act (RESPA), Section 8 violation that refers to a person giving or accepting a fee or "thing of value" for the referral of business is known as a

A) bundled services.
B) conversion.
C) required use.
D) kickback.

4. A manufactured home can be insured if

A) it has a motor vehicle title and is located on the insured property.
B) it is on the insured property and has a permanent foundation.
C) the motor vehicle title has been deactivated, it is affixed and assessed as real property.
D) a mortgage has been filed describing the manufactured home.

5. Which of the following statements is true concerning an unrecorded deed?

A) it need not name the grantee
B) it need not contain a legal description
C) it does not give constructive notice of ownership
D) it is not valid between the grantor and the grantee

Fragen und Antworten: