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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 process by which a mortgage is enforced against real estate is called a

A) non-judicial foreclosure.
B) forfeiture.
C) sheriff's sale.
D) trustee sale.

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

A) only a lien against the property described in the lien.
B) a lien against any property owned by the taxpayer in the county.
C) a lien that remains in force for a 3-year period.
D) only a lien upon the sale of the property.

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

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

4. Which of the following is considered an involuntary lien?

A) a life estate reservation
B) deed restriction
C) federal tax lien
D) HELOC loan

5. Obtaining and recording releases of mortgages and reconveyances of trust deeds satisfied at closing is considered part of what process?

A) pre-closing
B) marketing
C) post-closing
D) disbursement

Solutions: