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Insurance Licensing PA-Title-Insurance-Agent Exam Overview:
| Certification Vendor: | Pennsylvania Insurance Department |
|---|---|
| Exam Name: | Insurance-Licensing Pennsylvania Producers Examination for Title Insurance |
| Exam Number: | 16-10 |
| Certificate Validity Period: | 2 years |
| Real Exam Qty: | 60 |
| Passing Score: | 70% |
| Exam Price: | $40 USD |
| Available Languages: | English |
| Exam Format: | Multiple-choice questions, Computer-based |
| Exam Duration: | 60 minutes |
| Recommended Training: | PSI Candidate Information Bulletin Pennsylvania Land Title Institute (PLTI) Guidelines |
| Exam Registration: | Pennsylvania Insurance Department PSI Exams Official Registration |
| Sample Questions: | Insurance Licensing PA-Title-Insurance-Agent Sample Questions |
| Exam Way: | Computer-based testing at PSI authorized centers or online proctored via PSI Bridge |
| Pre Condition: | No mandatory pre-licensing education required; must be at least 18 years old, resident or non-resident of Pennsylvania, and pass criminal background check |
| Official Syllabus URL: | https://proctor2.psionline.com/media/programs/PAINS/16-10x.pdf |
Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Real Estate Transactions & Settlement | 10% | - Disbursement and record-keeping - Policy issuance and delivery - Escrow and closing procedures |
| Real Property Law | 25% | - Property rights and interests - Conveyance and recording statutes - Liens, encumbrances, and easements |
| Insurance Regulation | 25% | - Pennsylvania insurance statutes and regulations - Licensing requirements and procedures - Unfair trade practices and ethics |
| General Insurance Concepts | 15% | - Risk and indemnity - Basic insurance principles - Contract law fundamentals |
| Title Insurance Principles | 25% | - Purpose and function of title insurance - Title commitments and policy forms - Exceptions and risk elimination - Title search and examination procedures |
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
An ALTA survey of the land could disclose all of the following EXCEPT
- A. a property line lawsuit.
- B. a pond located on the land.
- C. the improvements on the land.
- D. a violation of the setback line.
Correct Answer: A 🗳️
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The MAIN purpose of insurance is to
- A. alter risk.
- B. transfer risk.
- C. retain risk.
- D. reduce risk.
Correct Answer: B 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
The Real Estate Settlement Procedure Act (RESPA), Section 8 violation that refers to a person giving or accepting a fee or "thing of value" for the referral of business is known as a
- A. conversion.
- B. bundled services.
- C. kickback.
- D. required use.
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
What requirements define which closing costs are allowable as charges to the borrower?
- A. ALTA
- B. RESPA
- C. FHA
- D. State
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
A waiver is defined as the
- A. acceptance of terms of the policy.
- B. misrepresentation of a known right.
- C. modification of a known right.
- D. intentional and voluntary giving up of a known right.
Correct Answer: D 🗳️
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