Title Producers License Exam Questions With Solved Solutions.
3 views 0 purchase
Course
NJ Title Producer
Institution
NJ Title Producer
A title insurance company or a title insurance agent may perform all of the following except: - Answer pay part of their fees to a real estate agent
The following is true of an appurtenant easement. - Answer It runs with the land.
An Owner's Policy does insure - Answer there is a rig...
Title Producers License Exam
Questions With Solved Solutions.
A title insurance company or a title insurance agent may perform all of the following except: - Answer
pay part of their fees to a real estate agent
The following is true of an appurtenant easement. - Answer It runs with the land.
An Owner's Policy does insure - Answer there is a right of access to and from the real estate
An Owner's Policy excludes from coverage: - Answer rights of the government to appropriate land for a
highway
A Loan Policy does not insure the lender that: - Answer the mortgage debt will be paid by the
borrowers
A Loan Policy does not insure the lender that: - Answer that future real estate taxes will be promptly
paid
Which of the following normally will not concern a title agent when examining a survey: - Answer the
type of construction (brick, frame, etc.)
A property owner whose boundary line is a non-navigable stream: - Answer owns to the middle of the
stream
An easement in gross is: - Answer a personal right
A Title Policy may not be issued to: - Answer a non-secured creditor
A title agent receives a letter from an attorney stating that "his client is insured under the agent's title
policy" and there may be a claim. The agent should: - Answer forward the letter to his underwriter
, A system describing real estate that uses feet, degrees and a point of beginning is: - Answer metes and
bounds
How many sections are in a township? - Answer 36
How long is a chain? - Answer 66 feet
A standard sections contains approximately: - Answer 640 acres
This party to the transaction is liable for state transfer tax: - Answer seller
The present system of surveying is known as: - Answer The Rectangular System
Range lines are: - Answer 6 miles apart
A "Base Line" runs: - Answer East and West
A loan policy of title insurance insures: - Answer the validity and priority of the lien of the insured
mortgage
Matters listed in Schedule B of a title insurance policy: - Answer are matters specifically excepted from
coverage
After a claim has been paid and insured made whole, the right of subrogation provided in the policy is
vested in: - Answer the insurance company
Under the terms of an Owner's Policy of title insurance the insurer is obligated to pay: - Answer for the
insured's substantive loss up to the amount of the policy plus the costs of defending the title
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestSolver9. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
