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

1. When issuing an Owner's policy, encumbrances should be shown as

A) an exception in Schedule C.
B) listed on Schedule A for informational purposes.
C) a requirement in Schedule B-I.
D) listed on Schedule B as an exception.

2. All of the following are subject to false advertising regulations EXCEPT

A) letters.
B) statements.
C) circulars.
D) gifts.

3. When a land owner uses his land as security for a loan, the encumbrance created is called

A) a special security.
B) an involuntary lien.
C) a mortgage.
D) a promissory note.

4. Which of the following items is least likely to be recorded?

A) mortgage lien
B) mechanic's lien
C) bill of sale
D) satisfaction of mortgage

5. Which of the following is considered a voluntary lien?

A) Real estate tax lien.
B) Construction lien.
C) State tax lien.
D) Mortgage lien.

Solutions: