NJ TITLE INSURANCE EXAM HIGH-YIELD TITLE
DEFECTS, POLICY COVERAGE, AND ESCROW
PROCEDURES SUMMARY 2026
◉ This schedule identifies exemptions that carry over and how they
may have been satisfied. IE gaps in time, lack of signatures on old
documents.
Answer: Schedule B
◉ Temporary Work Certificates last for.
Answer: 6 months
◉ This tenancy has right of survivorship.
Answer: Join Tenancy
◉ ABC -> AB-> A -> D/E.
Answer: Joint Tenancy
◉ These affect Joint Tenancies.
Answer: Time, Title, Interest, Possession
◉ Tenancy in severalty.
,Answer: real estate ownership by only one
◉ devises.
Answer: Also, preresiduary gift. A gift of real property by will. Under
the Uniform Probate Code, a gift of personal or real property by will.
◉ Tenancy in Common.
Answer: Co-ownership of property in which each party owns an
undivided interest that passes to his or her heirs at death.
◉ Tenancy by the Entirety.
Answer: The joint ownership, recognized in some states, of property
acquired by husband and wife during marriage. Upon the death of
one spouse, the survivor becomes the owner of the property.
◉ Deed Restrictions.
Answer: Clauses in a deed limiting the future uses of the property.
◉ assignment.
Answer: The act of transferring to another all or part of one's rights
arising under a contract.
◉ Easement in Gross.
, Answer: the right to use land for a specific, limited purpose
unrelated to any adjacent parcel - Think Powerlines
◉ Easement by Prescription.
Answer: An easement acquired by continuous, open, and hostile use
of the property for the period of time prescribed by state law. NJ 20
Years - Trespassing
◉ Easement Appurtenant.
Answer: An easement created to benefit adjacent land. Runs with the
land. Dominant and Servient
◉ Easement in Gross.
Answer: Always Dominant
◉ Easement by necessity.
Answer: An easement allowed by law as necessary for the full
enjoyment of a parcel of real estate; for example, a right of ingress
and egress over a grantor's land.
◉ Easment by Necessity.
Answer: Created when no other access to land exists...right of
ingress & egress, Driveway
DEFECTS, POLICY COVERAGE, AND ESCROW
PROCEDURES SUMMARY 2026
◉ This schedule identifies exemptions that carry over and how they
may have been satisfied. IE gaps in time, lack of signatures on old
documents.
Answer: Schedule B
◉ Temporary Work Certificates last for.
Answer: 6 months
◉ This tenancy has right of survivorship.
Answer: Join Tenancy
◉ ABC -> AB-> A -> D/E.
Answer: Joint Tenancy
◉ These affect Joint Tenancies.
Answer: Time, Title, Interest, Possession
◉ Tenancy in severalty.
,Answer: real estate ownership by only one
◉ devises.
Answer: Also, preresiduary gift. A gift of real property by will. Under
the Uniform Probate Code, a gift of personal or real property by will.
◉ Tenancy in Common.
Answer: Co-ownership of property in which each party owns an
undivided interest that passes to his or her heirs at death.
◉ Tenancy by the Entirety.
Answer: The joint ownership, recognized in some states, of property
acquired by husband and wife during marriage. Upon the death of
one spouse, the survivor becomes the owner of the property.
◉ Deed Restrictions.
Answer: Clauses in a deed limiting the future uses of the property.
◉ assignment.
Answer: The act of transferring to another all or part of one's rights
arising under a contract.
◉ Easement in Gross.
, Answer: the right to use land for a specific, limited purpose
unrelated to any adjacent parcel - Think Powerlines
◉ Easement by Prescription.
Answer: An easement acquired by continuous, open, and hostile use
of the property for the period of time prescribed by state law. NJ 20
Years - Trespassing
◉ Easement Appurtenant.
Answer: An easement created to benefit adjacent land. Runs with the
land. Dominant and Servient
◉ Easement in Gross.
Answer: Always Dominant
◉ Easement by necessity.
Answer: An easement allowed by law as necessary for the full
enjoyment of a parcel of real estate; for example, a right of ingress
and egress over a grantor's land.
◉ Easment by Necessity.
Answer: Created when no other access to land exists...right of
ingress & egress, Driveway
