COLORADO TITLE TEST QUESTIONS WITH
ALL CORRECT & VERIFIED ANSWERS
AGENTS' LICENSES TO REPRESENT A NATIONWIDE BUSINESS CONDUCTING BUSINESS IN COLORADO
ARE ISSUED BY? Correct answer-THE COMMISSIONER OF INSURANCE OF THE STATE OF COLORADO
THE APPROVED MANNER IN WHICH A TITLE INSURER IS SUPPOSED TO WRITE OVER, OR INSURE
THROUGH, RECORD ENCUMBRANCES OR DEFECTS IN TITLE IS? Correct answer-BY A SPECIALLY
FILED ENDORSEMENT
PURSUANT TO THE PROVISIONS OF THE UNIFORM PROBATE CODE, THE ADMINISTRATION OF THE
ESTATE OF A COLORADO RESIDENT WHO DIED OWNING FEE TITLE TO COLORADO REAL PROPERTY
MAY BE WHICH OF THE FOLLOWING? Correct answer-INFORMAL PROCEEDINGS
AND FORMAL PROCEEDINGS
WHICH OF THE FOLLOWING IS CORRECT IN DESCRIBING A LOT AND A PORTION OF A LOT? Correct
answer-THE NORTH HALF OF LOT 3 AND ALL OF LOT 4
THE FAILURE OF A CORPORATION TO FILE OR RECORD IN EVERY COUNTY IN WHICH IT OWNS REAL
PROPERTY SOME EVIDENCE OF ITS POWERS WITH RESPECT TO REAL PROPERTY RESULTS IN?
Correct answer-ESTOPPEL TO DENY A LACK OF POWER OR AUTHORITY
INSURANCE AGAINST LOSS THE INSURED MAY SUSTAIN BY REASON OF ANY INCORRECTNESS IN THE
ASSURANCE THE COMPANY GIVES THAT, EXCEPT AS SHOWN IN SCHEDULE B, THERE ARE NO PRESENT
VIOLATIONS ON SAID LAND OF ANY ENFORCEABLE COVENANTS, CONDITIONS, OR RESTRICTIONS, IS
AFFORDED IN WHICH OF THE FOLLOWING FORMS OF EVIDENCE OF TITLE? Correct answer-
ENDORSEMENT TO ALTA LENDER POLICY
AN INSTRUMENT AFFECTING THE TITLE TO REAL PROPERTY RECORDED WITHOUT BEING
ACKNOWLEDGED NEVERTHELESS IMPUTES NOTICE TO ALL PERSONS AND IS DEEMED TO HAVE BEEN
PROPERLY ACKNOWLEDGED Correct answer-UPON EXPIRATION OF 18 YEARS FROM THE DATE OF
EXECUTION
A PERSON WHO IS NOT A LICENSED AGENT OF AN INSURANCE COMPANY, BUT WHO NEGOTIATES
CONTRACTS FOR TITLE INSURANCE, IS CALLED: Correct answer-AN INSURANCE BROKER
AN UNLICENSED AGENT: Correct answer-IS GUILTY OF A MISDEMEANOR AND UPON CONVICTION
IS SUBJECT TO BOTH A FINE AND/OR IMPRISONMENT
WHICH OF THE FOLLOWING UNIFORM ACTS HAVE BEEN ADOPTED FOR USE IN COLORADO?
Correct answer-A PARTNERSHIP,PROBATE CODE, COMMERCIAL CODE D - ALL OF THE ABOVE
CORRECT
A DISCLOSURE THAT IS NOT REQUIRED ON EVERY TITLE COMMITMENT ISSUED FOR THE SALE OF
RESIDENTIAL REAL PROPERTY: Correct answer-THE TITLE ENTITY IS RESPONSIBLE FOR THE ACTS OF
ITS AUTHORIZED AGENTS
A FEE TO WIRE PROCEED FUNDS WOULD BE CONSIDERED: Correct answer-CLOSING FEE
, WHICH OF THE FOLLOWING STATEMENTS IS UNTRUE? Correct answer-A CLAIM OF MECHANIC'S
LIEN ON A COMPLETED WORK OF IMPROVEMENT MUST BE FILED FOR RECORD WITHIN TEN DAYS
AFTER COMPLETION.
A TEMPORARY LICENSE ISSUED TO AN AGENT BY THE COMMISSIONER OF INSURANCE Correct
answer-IS NOT RENEWABLE, CAN BE RENEWED EVERY 15 MONTHS, IS REQUIRED TO BE APPROVED
BY THE COLORADO TITLE INSURANCE RATING CORRECT D - NONE OF THE ABOVE (NO SUCH THING
AS A TEMPORARY LICENSE
WHAT IS MEANT BY "LOTS 1 TO 6 INCLUSIVE? Correct answer-LOTS 1, 2, 3, 4, 5, AND 6
THE PREVAILING TITLE INDUSTRY RATE SCHEDULE AS ADOPTED BY THE COLORADO TITLE INSURANCE
RATING BUREAU Correct answer-ESTABLISHES MINIMUM CHARGES
WHICH OF THE FOLLOWING STATEMENTS IS UNTRUE? Correct answer-A CLAIM OF HOMESTEAD
NEED NOT BE RECORDED
WHICH OF THE FOLLOWING ARE REFERRED TO AS "ENCUMBRANCES ON TITLE" RATHER THAN "LIENS
ON TITLE?" Correct answer-COVENANTS, CONDITIONS, AND RESTRICTIONS LIMITING USE TO
RESIDENTIAL PURPOSES.
THE FORM OF TITLE EVIDENCE WHICH AFFORDS PROTECTION FROM LOSS OCCASIONED BY THE
SUPERIOR PRIORITY OF A STATUTORY LIEN FOR LABOR OR MATERIAL IS? Correct answer-ALTA
LOAN POLICY
IN WHICH OF THE U.S. DISTRICT COURT OFFICES IN THE STATE OF COLORADO MAY THERE BE FILED
AND KEPT THE ORIGINAL RECORDS OF A BANKRUPTCY PROCEEDING? Correct answer-DENVER
THE PRACTICE OF GIVING A COMMISSION OR A PART OF THE TITLE INSURANCE RATE, CHARGE, OR
ANY OTHER CONSIDERATION OR VALUABLE THING BY A TITLE INSURER OR BY ITS AGENT TO AN
OWNER OR TO A MORTGAGEE, OR TO ANY AGENT, REPRESENTATIVE, ATTORNEY, OR EMPLOYEE OF
THEM, IS Correct answer-PROHIBITED
WHEN A SELLER HOLDS TITLE IN A LEASEHOLD INTEREST, WHICH OF THE FOLLOWING IS TRUE?
Correct answer-IF THE LEASEHOLD REAL ESTATE IS TRANSFERRED TO A NEW OWNER, USE OF THE
LAND IS LIMITED TO THE REMAINING YEARS COVERED BY THE ORIGINAL LEASE AND THE LAND
REVERTS BACK TO THE LESSOR THAT THE END OF SAID LEASE.B- DEPENDING ON THE PROVISIONS OF
ANY SURRENDER CLAUSE IN THE LEASE, THE BUILDINGS AND OTHER IMPROVEMENTS ON THE LAND
MAY ALSO REVERT TO THE LESSOR.
C - THE BUYER OF LEASEHOLD REAL ESTATE DOES NOT OWN THE LAND; THEY ONLY HAVE
A RIGHT TO USE THE LAND FOR A PREDETERMINED AMOUNT OF TIME. ANSWER D
D - ALL OF THE ABOVE
WHICH OF THE FOLLOWING ARE NOT REQUIRED IN THE EXECUTION OF A DEED CONVEYING TITLE TO
COLORADO REAL PROPERTY? Correct answer-WITNESSES
THE FOLLOWING RECITAL CONTAINED IN AN EVIDENCE OF TITLE TO REAL PROPERTY: "PAYMENT TO
OR FOR THE ACCOUNT OF THE MORTGAGOR OF THE FULL CONSIDERATION
FOR THE ESTATE OR INTEREST OR MORTGAGE TO BE INSURED" IS MOST APPROPRIATELY ADAPTED
FOR USE IN A Correct answer-COMMITMENT FOR TITLE INSURANCE
ALL CORRECT & VERIFIED ANSWERS
AGENTS' LICENSES TO REPRESENT A NATIONWIDE BUSINESS CONDUCTING BUSINESS IN COLORADO
ARE ISSUED BY? Correct answer-THE COMMISSIONER OF INSURANCE OF THE STATE OF COLORADO
THE APPROVED MANNER IN WHICH A TITLE INSURER IS SUPPOSED TO WRITE OVER, OR INSURE
THROUGH, RECORD ENCUMBRANCES OR DEFECTS IN TITLE IS? Correct answer-BY A SPECIALLY
FILED ENDORSEMENT
PURSUANT TO THE PROVISIONS OF THE UNIFORM PROBATE CODE, THE ADMINISTRATION OF THE
ESTATE OF A COLORADO RESIDENT WHO DIED OWNING FEE TITLE TO COLORADO REAL PROPERTY
MAY BE WHICH OF THE FOLLOWING? Correct answer-INFORMAL PROCEEDINGS
AND FORMAL PROCEEDINGS
WHICH OF THE FOLLOWING IS CORRECT IN DESCRIBING A LOT AND A PORTION OF A LOT? Correct
answer-THE NORTH HALF OF LOT 3 AND ALL OF LOT 4
THE FAILURE OF A CORPORATION TO FILE OR RECORD IN EVERY COUNTY IN WHICH IT OWNS REAL
PROPERTY SOME EVIDENCE OF ITS POWERS WITH RESPECT TO REAL PROPERTY RESULTS IN?
Correct answer-ESTOPPEL TO DENY A LACK OF POWER OR AUTHORITY
INSURANCE AGAINST LOSS THE INSURED MAY SUSTAIN BY REASON OF ANY INCORRECTNESS IN THE
ASSURANCE THE COMPANY GIVES THAT, EXCEPT AS SHOWN IN SCHEDULE B, THERE ARE NO PRESENT
VIOLATIONS ON SAID LAND OF ANY ENFORCEABLE COVENANTS, CONDITIONS, OR RESTRICTIONS, IS
AFFORDED IN WHICH OF THE FOLLOWING FORMS OF EVIDENCE OF TITLE? Correct answer-
ENDORSEMENT TO ALTA LENDER POLICY
AN INSTRUMENT AFFECTING THE TITLE TO REAL PROPERTY RECORDED WITHOUT BEING
ACKNOWLEDGED NEVERTHELESS IMPUTES NOTICE TO ALL PERSONS AND IS DEEMED TO HAVE BEEN
PROPERLY ACKNOWLEDGED Correct answer-UPON EXPIRATION OF 18 YEARS FROM THE DATE OF
EXECUTION
A PERSON WHO IS NOT A LICENSED AGENT OF AN INSURANCE COMPANY, BUT WHO NEGOTIATES
CONTRACTS FOR TITLE INSURANCE, IS CALLED: Correct answer-AN INSURANCE BROKER
AN UNLICENSED AGENT: Correct answer-IS GUILTY OF A MISDEMEANOR AND UPON CONVICTION
IS SUBJECT TO BOTH A FINE AND/OR IMPRISONMENT
WHICH OF THE FOLLOWING UNIFORM ACTS HAVE BEEN ADOPTED FOR USE IN COLORADO?
Correct answer-A PARTNERSHIP,PROBATE CODE, COMMERCIAL CODE D - ALL OF THE ABOVE
CORRECT
A DISCLOSURE THAT IS NOT REQUIRED ON EVERY TITLE COMMITMENT ISSUED FOR THE SALE OF
RESIDENTIAL REAL PROPERTY: Correct answer-THE TITLE ENTITY IS RESPONSIBLE FOR THE ACTS OF
ITS AUTHORIZED AGENTS
A FEE TO WIRE PROCEED FUNDS WOULD BE CONSIDERED: Correct answer-CLOSING FEE
, WHICH OF THE FOLLOWING STATEMENTS IS UNTRUE? Correct answer-A CLAIM OF MECHANIC'S
LIEN ON A COMPLETED WORK OF IMPROVEMENT MUST BE FILED FOR RECORD WITHIN TEN DAYS
AFTER COMPLETION.
A TEMPORARY LICENSE ISSUED TO AN AGENT BY THE COMMISSIONER OF INSURANCE Correct
answer-IS NOT RENEWABLE, CAN BE RENEWED EVERY 15 MONTHS, IS REQUIRED TO BE APPROVED
BY THE COLORADO TITLE INSURANCE RATING CORRECT D - NONE OF THE ABOVE (NO SUCH THING
AS A TEMPORARY LICENSE
WHAT IS MEANT BY "LOTS 1 TO 6 INCLUSIVE? Correct answer-LOTS 1, 2, 3, 4, 5, AND 6
THE PREVAILING TITLE INDUSTRY RATE SCHEDULE AS ADOPTED BY THE COLORADO TITLE INSURANCE
RATING BUREAU Correct answer-ESTABLISHES MINIMUM CHARGES
WHICH OF THE FOLLOWING STATEMENTS IS UNTRUE? Correct answer-A CLAIM OF HOMESTEAD
NEED NOT BE RECORDED
WHICH OF THE FOLLOWING ARE REFERRED TO AS "ENCUMBRANCES ON TITLE" RATHER THAN "LIENS
ON TITLE?" Correct answer-COVENANTS, CONDITIONS, AND RESTRICTIONS LIMITING USE TO
RESIDENTIAL PURPOSES.
THE FORM OF TITLE EVIDENCE WHICH AFFORDS PROTECTION FROM LOSS OCCASIONED BY THE
SUPERIOR PRIORITY OF A STATUTORY LIEN FOR LABOR OR MATERIAL IS? Correct answer-ALTA
LOAN POLICY
IN WHICH OF THE U.S. DISTRICT COURT OFFICES IN THE STATE OF COLORADO MAY THERE BE FILED
AND KEPT THE ORIGINAL RECORDS OF A BANKRUPTCY PROCEEDING? Correct answer-DENVER
THE PRACTICE OF GIVING A COMMISSION OR A PART OF THE TITLE INSURANCE RATE, CHARGE, OR
ANY OTHER CONSIDERATION OR VALUABLE THING BY A TITLE INSURER OR BY ITS AGENT TO AN
OWNER OR TO A MORTGAGEE, OR TO ANY AGENT, REPRESENTATIVE, ATTORNEY, OR EMPLOYEE OF
THEM, IS Correct answer-PROHIBITED
WHEN A SELLER HOLDS TITLE IN A LEASEHOLD INTEREST, WHICH OF THE FOLLOWING IS TRUE?
Correct answer-IF THE LEASEHOLD REAL ESTATE IS TRANSFERRED TO A NEW OWNER, USE OF THE
LAND IS LIMITED TO THE REMAINING YEARS COVERED BY THE ORIGINAL LEASE AND THE LAND
REVERTS BACK TO THE LESSOR THAT THE END OF SAID LEASE.B- DEPENDING ON THE PROVISIONS OF
ANY SURRENDER CLAUSE IN THE LEASE, THE BUILDINGS AND OTHER IMPROVEMENTS ON THE LAND
MAY ALSO REVERT TO THE LESSOR.
C - THE BUYER OF LEASEHOLD REAL ESTATE DOES NOT OWN THE LAND; THEY ONLY HAVE
A RIGHT TO USE THE LAND FOR A PREDETERMINED AMOUNT OF TIME. ANSWER D
D - ALL OF THE ABOVE
WHICH OF THE FOLLOWING ARE NOT REQUIRED IN THE EXECUTION OF A DEED CONVEYING TITLE TO
COLORADO REAL PROPERTY? Correct answer-WITNESSES
THE FOLLOWING RECITAL CONTAINED IN AN EVIDENCE OF TITLE TO REAL PROPERTY: "PAYMENT TO
OR FOR THE ACCOUNT OF THE MORTGAGOR OF THE FULL CONSIDERATION
FOR THE ESTATE OR INTEREST OR MORTGAGE TO BE INSURED" IS MOST APPROPRIATELY ADAPTED
FOR USE IN A Correct answer-COMMITMENT FOR TITLE INSURANCE
