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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. Karen has a life estate in the property. Upon her death, the property passes to

A) the previous owner.
B) her heirs.
C) her spouse.
D) the remainderman.

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

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

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

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

A) only a lien upon the sale of the property.
B) only a lien against the property described in the lien.
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.

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

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

Solutions: