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

1. All of the following are considered valid monuments for the purpose of legally describing real property EXCEPT a

A) highway.
B) corner of a recorded subdivision lot.
C) fence line.
D) iron pin.

2. A waiver is defined as the

A) misrepresentation of a known right.
B) modification of a known right.
C) intentional and voluntary giving up of a known right.
D) acceptance of terms of the policy.

3. Which of the following types of deeds provides the purchaser of real estate the greatest protection?

A) trustee's deed
B) quitclaim deed
C) general warranty deed
D) deed in trust

4. An acknowledgment

A) is a signature on a deed.
B) is an authorization to convey property.
C) provides evidence that a signature is genuine.
D) states that a deed contains verified information.

5. An insurer fails to promptly provide a reasonable explanation for the denial of a claim as a general business practice. This is considered to be

A) a fraudulent insurance act.
B) a violation of the grace period provision.
C) an unfair insurance practice.
D) a contractual liability.

Solutions: