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

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

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

2. When insuring a mortgage where there are intervening liens that prevent the lender from holding first lien priority, such other liens may be

A) waived to the lien of the subject mortgage.
B) restricted to the lien of the subject mortgage.
C) subrogated to the lien of the insured mortgage.
D) subordinated to the lien of the subject mortgage.

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

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

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

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

5. An agent who collects money from an insured and holds it for payment to the insurer is

A) commingling funds.
B) acting in a fiduciary capacity.
C) wrongfully withholding funds.
D) providing coverage.

Solutions: