Insurance Licensing PA-Title-Insurance-Agent : Pennsylvania Producers Examination for Title Insurance Series 16-10

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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:

Question #1
A waiver is defined as the

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

Question #2
Which document is recorded in the recorder of deeds?

A. civil judgment
B. notice of lis pendens
C. realty transfer tax statement of value
D. mechanic's lien

Question #3
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. an unfair insurance practice.
C. a contractual liability.
D. a violation of the grace period provision.

Question #4
A deed was properly completed and executed. Title to the property passed when the deed was

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

Question #5
A manufactured home can be insured if

A. it is on the insured property and has a permanent foundation.
B. the motor vehicle title has been deactivated, it is affixed and assessed as real property.
C. it has a motor vehicle title and is located on the insured property.
D. a mortgage has been filed describing the manufactured home.

Solutions: