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Insurance Licensing Exam Questions with 100% Correct Answers $8.00   Add to cart

Exam (elaborations)

Insurance Licensing Exam Questions with 100% Correct Answers

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  • Course
  • Insurance Licensing
  • Institution
  • Insurance Licensing

Title Insurance Licensing Exam Questions with 100% Correct Answers

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  • September 4, 2024
  • 32
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Insurance Licensing
  • Insurance Licensing
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codersimon
1 of 56

Term



A township measures ___ square miles



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5 years 36




Infinite 3 years

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2 of 56

Term



Legal protection of an amount of equity for Owner of a primary
home regarding payment from the home's equity for debts &
Judgments that might result in the forced sale and loss of the family
home (primary residence) is called ____



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Leasehold Homestead Exemption




The Governor Alien Title Insurance Company


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3 of 56

Term



If there is an order for a person to cease and desist, the
commissioner may order a payment of monetary penalty of not
more than ____ dollars for each act of violation.



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, $2,995 $3,000




$10,000 50 hours


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4 of 56

Term



What is the statute of limitation for a Deed of Trust with a due date?



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Due date plus 15 years 15 years from the date of recording




Due date plus 30 years Due date plus 85 years


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5 of 56

Term



___ means a person authorized by a title insurance company to solicit
insurance or to collect premiums or to issue or countersign policies
on its behalf

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Alien Title Insurance Company Affiliate/ Subsidiary




Title Insurance Agent Controlled Business


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6 of 56

Term



How quickly does individual and insurance agency producers inform
the commissioner of an address change?



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Within 45 days Within 30 days




Within 30 days after First day of March


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