Exam Code: PA-Title-Insurance-Agent
Exam Name: Pennsylvania Producers Examination for Title Insurance Series 16-10
Certification Provider: Insurance Licensing
Corresponding Certification: Pennsylvania Insurance Licencing (PAIN)
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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Insurance Regulation25%- Pennsylvania insurance statutes and regulations
- Unfair trade practices and ethics
- Licensing requirements and procedures
Topic 2: Real Estate Transactions & Settlement10%- Escrow and closing procedures
- Policy issuance and delivery
- Disbursement and record-keeping
Topic 3: Title Insurance Principles25%- Title search and examination procedures
- Exceptions and risk elimination
- Title commitments and policy forms
- Purpose and function of title insurance
Topic 4: General Insurance Concepts15%- Basic insurance principles
- Contract law fundamentals
- Risk and indemnity
Topic 5: Real Property Law25%- Conveyance and recording statutes
- Liens, encumbrances, and easements
- Property rights and interests

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


2. Which property type includes all lands, man-made improvements, anything growing on the lands, as well as interests, or "rights," including future occupancy, reversion, and the use of surface and air space?

A) Intangible
B) Real
C) Tangible
D) Personal


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

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


4. A leasehold interest in real property ownership is

A) a non insurable interest.
B) a lien interest.
C) an insurable interest.
D) an usury interest.


5. 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) condition.
C) standard exception.
D) requirement.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: D

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