Online Access Free PA-Title-Insurance-Agent Practice Test

Coverage under a loan policy remains effective

• A.until the secured debt is satisfied.
• B.during the life of the owner.
• C.until the lender assigns the mortgage.
• D.until the property is sold.

Which one of the following estates may NOT be insured under a title insurance policy?

• A.Easement.
• B.Life estate.
• C.License.
• D.Leasehold.

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

• A.marketing
• B.post-closing
• C.pre-closing
• D.disbursement

To satisfy a mortgage of record, which of the following must be filed?

• A.an original note
• B.a payoff statement
• C.a certified copy of original mortgage
• D.a mortgage satisfaction

An acknowledgment

• A.states that a deed contains verified information.
• B.provides evidence that a signature is genuine.
• C.is a signature on a deed.
• D.is an authorization to convey property.