Insurance Licensing PA-Title-Insurance-Agent Q&A - in .pdf

  • PA-Title-Insurance-Agent pdf
  • Exam Code: PA-Title-Insurance-Agent
  • Exam Name: Pennsylvania Producers Examination for Title Insurance Series 16-10
  • Updated: Sep 13, 2026
  • Q & A: 67 Questions and Answers
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  • Exam Code: PA-Title-Insurance-Agent
  • Exam Name: Pennsylvania Producers Examination for Title Insurance Series 16-10
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  • Exam Code: PA-Title-Insurance-Agent
  • Exam Name: Pennsylvania Producers Examination for Title Insurance Series 16-10
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  • Q & A: 67 Questions and Answers
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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Insurance Regulation12%- State regulation
  • 1. Commissioner's general duties and powers
    - Licensing
    • 1. Continuing education
      • 2. Appointment procedures
        • 3. Revocation, suspension, nonrenewal or denial of license
          • 4. General requirements
            • 5. Expiration
              • 6. Persons to be licensed
                • 7. Address change
                  • 8. Disciplinary actions
                    • 9. Licensing process
                      • 10. Reporting of actions
                        • 11. Renewal
                          • 12. Title producer additional requirements
                            • 13. Assumed names
                              • 14. Cease and desist orders
                                • 15. Maintenance and duration
                                  - Producer regulation
                                  • 1. Unfair inducements and marketing practices
                                    • 2. Charges for extra services
                                      • 3. Prohibited acts
                                        • 4. Record keeping
                                          - Company regulation
                                          • 1. Rates regulation
                                            • 2. Unfair claims settlement practices
                                              • 3. Solvency requirements
                                                - Title insurance law requirements
                                                • 1. Examination of title required
                                                  - Unfair trade practices
                                                  • 1. Twisting
                                                    • 2. Rebates and inducements
                                                      • 3. Defamation
                                                        • 4. Misrepresentation
                                                          • 5. Unfair discrimination
                                                            • 6. False advertising
                                                              • 7. Boycott, coercion or intimidation
                                                                - Federal regulation
                                                                • 1. Fair Credit Reporting Act
                                                                  • 2. Fraud and false statements (18 USC 1033/1034)
                                                                    Topic 2: General Insurance Concepts3%
                                                                    Topic 3: Title Insurance Principles- Title search techniques
                                                                    • 1. Hard copy index
                                                                      • 2. Computer index
                                                                        • 3. Chain sheet
                                                                          - Risks covered by title insurance
                                                                          • 1. Errors by producer
                                                                            • 2. Errors in public records
                                                                              • 3. Hidden off-record risks
                                                                                - Policy structure
                                                                                • 1. Insuring provisions
                                                                                  • 2. Schedule B exceptions
                                                                                    • 3. Exclusions
                                                                                      • 4. Conditions and stipulations
                                                                                        • 5. Endorsements
                                                                                          • 6. Schedule A
                                                                                            - Title insurance policies
                                                                                            • 1. Leasehold policy
                                                                                              • 2. Owner's policy
                                                                                                • 3. Commitments
                                                                                                  • 4. Enhanced policies
                                                                                                    • 5. Loan policy
                                                                                                      - Insurable interests
                                                                                                      • 1. Fee simple estate
                                                                                                        • 2. Life estate
                                                                                                          • 3. Easements
                                                                                                            • 4. Leasehold estate
                                                                                                              Topic 4: Title Exceptions and Procedures for Clearing Title21%- General exceptions
                                                                                                              - Property-related issues
                                                                                                              • 1. Mineral rights
                                                                                                                • 2. Attachments
                                                                                                                  • 3. Water rights
                                                                                                                    • 4. Equitable interests
                                                                                                                      • 5. Condominiums
                                                                                                                        • 6. Surveys
                                                                                                                          - Liens and encumbrances
                                                                                                                          • 1. Taxes and assessments
                                                                                                                            • 2. Judgments
                                                                                                                              • 3. Federal liens
                                                                                                                                • 4. Involuntary liens
                                                                                                                                  • 5. Voluntary liens

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

                                                                                                                                    Question #1

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

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

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                                                                                                                                    Question #2

                                                                                                                                    Which of the following is NOT effective with a Quit Claim Deed?

                                                                                                                                    • A. Remove clouds on title.
                                                                                                                                    • B. Stops grantor from asserting rights.
                                                                                                                                    • C. Conveyance of title interest.
                                                                                                                                    • D. Warranty of title.
                                                                                                                                    Answer: D

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                                                                                                                                    Question #3

                                                                                                                                    A statement included on a title commitment such as "record warranty deed from the owner shown in Schedule A vesting title in the proposed insured" is an example of a

                                                                                                                                    • A. post policy event.
                                                                                                                                    • B. standard exception.
                                                                                                                                    • C. condition.
                                                                                                                                    • D. requirement.
                                                                                                                                    Answer: D
                                                                                                                                    Question #4

                                                                                                                                    Who of the following CANNOT be covered by a Closing Protection Letter?

                                                                                                                                    • A. Lender.
                                                                                                                                    • B. Purchaser/buyer.
                                                                                                                                    • C. Escrow agent.
                                                                                                                                    • D. Seller.
                                                                                                                                    Answer: C

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                                                                                                                                    Question #5

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

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

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