NJ Title Insurance Exam | Questions with 100%
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2026
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Terms in this set (269)
Abandonment When a party in legal possession of property
leaves without the intention of reclaiming
rights.
Abstract of Title A brief history of the instruments appearing in
the county record that affect title to the parcel
in question.
Condensed history of all documents affecting a
parcel of real estate
Acceleration Clause Mortgage Clause demanding full payment
upon Default.
Accretion an increase of land caused by the gradual
depositing of solid material
Adhesion Contract A non negotiable contract with terms dictated
by one party.
, Aleatory Contract A contract based upon Future uncertain
conditions.
Administrators Deed Transfers Title of an intestate by the
administrator.
Easement by Prescription Someone has used another persons land for a
certain period of time as defined by state law
(20 years in NJ)
Air Rights Rights to space above a property
Belonging to owner of land below
Feudal System Government owns all property and individuals
get rights.
Fiduciary A person or organization that acts on behalf of
another person to manage assets
Foreclosure To seize and sell property pledged for a debt
A forced sale of property to satisfy a lien.
Alluvion Solid material deposited by a body of water
Correct Answers | Verified | Latest Update
2026
Save
Terms in this set (269)
Abandonment When a party in legal possession of property
leaves without the intention of reclaiming
rights.
Abstract of Title A brief history of the instruments appearing in
the county record that affect title to the parcel
in question.
Condensed history of all documents affecting a
parcel of real estate
Acceleration Clause Mortgage Clause demanding full payment
upon Default.
Accretion an increase of land caused by the gradual
depositing of solid material
Adhesion Contract A non negotiable contract with terms dictated
by one party.
, Aleatory Contract A contract based upon Future uncertain
conditions.
Administrators Deed Transfers Title of an intestate by the
administrator.
Easement by Prescription Someone has used another persons land for a
certain period of time as defined by state law
(20 years in NJ)
Air Rights Rights to space above a property
Belonging to owner of land below
Feudal System Government owns all property and individuals
get rights.
Fiduciary A person or organization that acts on behalf of
another person to manage assets
Foreclosure To seize and sell property pledged for a debt
A forced sale of property to satisfy a lien.
Alluvion Solid material deposited by a body of water
