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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Real Property Law | 25% | - Liens, encumbrances, and easements - Property rights and interests - Conveyance and recording statutes |
| Topic 2: Insurance Regulation | 25% | - Unfair trade practices and ethics - Licensing requirements and procedures - Pennsylvania insurance statutes and regulations |
| Topic 3: General Insurance Concepts | 15% | - Contract law fundamentals - Risk and indemnity - Basic insurance principles |
| Topic 4: Real Estate Transactions & Settlement | 10% | - Escrow and closing procedures - Policy issuance and delivery - Disbursement and record-keeping |
| Topic 5: Title Insurance Principles | 25% | - Title search and examination procedures - Exceptions and risk elimination - Purpose and function of title insurance - Title commitments and policy forms |
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. All of the following are subject to false advertising regulations EXCEPT
A) statements.
B) gifts.
C) letters.
D) circulars.
2. On what schedule of a title commitment would you find an easement that is proposed to be an exception from policy coverage?
A) C
B) B-II
C) B-I
D) A
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) condition.
B) standard exception.
C) requirement.
D) post policy event.
4. Which of the following parties can file a claim under the provisions of a title policy?
A) The taxing authority with jurisdiction over the insured property.
B) The holder of an undisclosed interest in the insured property.
C) The insured named under the policy.
D) The holder of a judgment against the insured.
5. Which of the following is NOT among the requirements for recording a document affecting title to property in Pennsylvania?
A) The stamp of the notary must be clear and legible and nothing may be written over it.
B) The signatures on the document must be acknowledged.
C) The addresses of grantees must be provided on a special form appended to the document.
D) The executed title insurance policy must be sent to the state insurance department.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |



