Title producers - Study guides, Class notes & Summaries

COM3703 Assignment 3 Semester 2 2024 | Due September 2024. All questions answered. 1 INTRODUCTION (5) In the introduction, you should clearly identify/indicate what you will discuss in the assignment and also how your assignment is going to be structured. You should refer to all four themes/study units that you are covering in your assignment, as well as the particular topics within the theme on which you will answer questions. Furthermore, if you are using any media texts as examples in y...

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Maryland Title Producers Insurance: Questions & Accurate Solutions

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Title Insurance Producer: Questions & Accurate Answers (Pass!)

Missouri Title Producer Exam; Questions and Answers 100% Solved Title Insurance Correct answer-An insured statement of condition of title or ownership of real property. Once Correct answer-How often can you charge for an insurance premium for title insurance? Owner's Policy Correct answer-A type of title insurance policy issued to the fee simple owner of a property which provides the insured coverage over the risks described in the policy. Commitment/Binder Correct answer-A document...

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Quasi-Contract - A contract this is implied by law and a way for courts to correct or remedy a situation and to prevent unjust enrichment. Void for Vagueness - 1. An incomplete and uncertain contract based on vague terms --- which may be void 2. If a determination is not reached, the courts may void the contract or severe the terms. Statue of Frauds Includes: - - Contracts that cannot be performed in one year - Contracts for the sale of real estate, real property, or land. - Contracts ...

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1. If a party uses a fictitious or different name than its business name, it must be approved by the a. Maryland Insurance Administration b. National Association of Insurance Commissioners c. Maryland Land Title Association d. American Land Title Association - Answer a. Maryland Insurance Administration 2. When there is termination of the appointment by a title insurer, the insurer must update the producer register within how many days. a. 15 days b. 30 days c. 45 days d. 60 days - An...