NEW JERSEY TITLE INSURANCE EXAM
2025 QUESTIONS AND CORRECT ANSWERS
The distance set by zoning ordinances from adjoining property lines
limiting the placement of a building / space between houses -
ANSWER-Set Back
A lien against all the property / assets someone owns
(Judgements, federal / state taxes, debts of dead person, IRS taxes) -
ANSWER-General Lien
The power vested in a state to establish legislation to preserve order, protect
the public health and safety and promote general welfare (environmental
protection laws, zoning & building ordinances) - ANSWER-Police Power
A mortgage in which payments are lowered intentionally then increase
to make up the difference. - ANSWER-Graduated
Payment Plan (Adjustable Rate Mortgage)
Default on a contract by one or two parties. - ANSWER-Breach of
Contract
,Land bordered or traversed by a stream of waterway ; use of water by
adjoining landowners
If a stream is identified as non navigable by a federal survey map -
ANSWER-Riparian Rights
title of property is transferred without the owners content, such as:
Adverse Possession, Eminent Domain, Escheat or
Foreclosure - ANSWER-Involuntary Alienation
Movable personal property - ANSWER-Chattels
The grantor warrants that he is the owner of the property and has the right
to convey title to it - ANSWER-Seisin
To cancel or nullify in agreement returning to status quo within 7 days -
ANSWER-Recession
The term describing a specific lien against a property. -
ANSWER-In Rem
Unrealized rights, such as dower or courtesy during the lifetime of a
spouse. - ANSWER-Inchoate Rights
A notice for any suit is filed that potentially affects title to a specified parcel
of real estate.
,lien pending litigation - ANSWER-Lis Pendens Lien
Involves tenants and are estates for a period of time (lease not own) ;
considered personal property
property whose length in Predeterminble. - ANSWER- Leasehold
Estate
A building that does not conform to the zoning use because it was
erected before the enactment of the zoning law (grandfathered in) -
ANSWER-Nonconforming use property
Legal action to dissolve a joint ownership filed in court -
ANSWER-Partition
Building Inspector's certification that the structure conforms to code -
ANSWER-Certificate of Occupancy
Those contracts that have mutual agreement, consideration,
competent parties and legal purpose. - ANSWER-Valid contracts
Tenant ; the lender of the property ; acquires the title -
ANSWER-Lessee / Mortgagee / Grantee
The lease or ownership of a property for the specific time. Within the
year and which repeats each year for the length of these or Forever. -
ANSWER-Time Sharing
, "To have and to hold" clause that explains ownership being transferred -
ANSWER-Habendum Clause
landlord / owner of property / person who sells or gives land -
ANSWER-Lessor / Mortgagor / Grantor
Ownership by more than one party where the interest do not have to be
equal. NO rights of survivorship
The partners own the property together and have a right to device pair
shares. - ANSWER-Tenants In Common
Change the use of a property that does not meet zoning requirements -
ANSWER-Variance
Land bordering bodies of water (oceans, seas, or large lakes) affected by tide
currents - ANSWER-Littoral Rights
Latin term denoting "buyer beware". - ANSWER-Caveat Emptor
An instrument used to create a mortgage lien by which the borrower /
mortgagor conveys title to a trustee, who holds it as security for the
benefit of the note holder (the lender) - ANSWER-Trust Deed (Deed of
Trust)
An area of 36 sections of one square mile each on a rectangular survey.
Each square mile contains 640 acres - ANSWER- Township
2025 QUESTIONS AND CORRECT ANSWERS
The distance set by zoning ordinances from adjoining property lines
limiting the placement of a building / space between houses -
ANSWER-Set Back
A lien against all the property / assets someone owns
(Judgements, federal / state taxes, debts of dead person, IRS taxes) -
ANSWER-General Lien
The power vested in a state to establish legislation to preserve order, protect
the public health and safety and promote general welfare (environmental
protection laws, zoning & building ordinances) - ANSWER-Police Power
A mortgage in which payments are lowered intentionally then increase
to make up the difference. - ANSWER-Graduated
Payment Plan (Adjustable Rate Mortgage)
Default on a contract by one or two parties. - ANSWER-Breach of
Contract
,Land bordered or traversed by a stream of waterway ; use of water by
adjoining landowners
If a stream is identified as non navigable by a federal survey map -
ANSWER-Riparian Rights
title of property is transferred without the owners content, such as:
Adverse Possession, Eminent Domain, Escheat or
Foreclosure - ANSWER-Involuntary Alienation
Movable personal property - ANSWER-Chattels
The grantor warrants that he is the owner of the property and has the right
to convey title to it - ANSWER-Seisin
To cancel or nullify in agreement returning to status quo within 7 days -
ANSWER-Recession
The term describing a specific lien against a property. -
ANSWER-In Rem
Unrealized rights, such as dower or courtesy during the lifetime of a
spouse. - ANSWER-Inchoate Rights
A notice for any suit is filed that potentially affects title to a specified parcel
of real estate.
,lien pending litigation - ANSWER-Lis Pendens Lien
Involves tenants and are estates for a period of time (lease not own) ;
considered personal property
property whose length in Predeterminble. - ANSWER- Leasehold
Estate
A building that does not conform to the zoning use because it was
erected before the enactment of the zoning law (grandfathered in) -
ANSWER-Nonconforming use property
Legal action to dissolve a joint ownership filed in court -
ANSWER-Partition
Building Inspector's certification that the structure conforms to code -
ANSWER-Certificate of Occupancy
Those contracts that have mutual agreement, consideration,
competent parties and legal purpose. - ANSWER-Valid contracts
Tenant ; the lender of the property ; acquires the title -
ANSWER-Lessee / Mortgagee / Grantee
The lease or ownership of a property for the specific time. Within the
year and which repeats each year for the length of these or Forever. -
ANSWER-Time Sharing
, "To have and to hold" clause that explains ownership being transferred -
ANSWER-Habendum Clause
landlord / owner of property / person who sells or gives land -
ANSWER-Lessor / Mortgagor / Grantor
Ownership by more than one party where the interest do not have to be
equal. NO rights of survivorship
The partners own the property together and have a right to device pair
shares. - ANSWER-Tenants In Common
Change the use of a property that does not meet zoning requirements -
ANSWER-Variance
Land bordering bodies of water (oceans, seas, or large lakes) affected by tide
currents - ANSWER-Littoral Rights
Latin term denoting "buyer beware". - ANSWER-Caveat Emptor
An instrument used to create a mortgage lien by which the borrower /
mortgagor conveys title to a trustee, who holds it as security for the
benefit of the note holder (the lender) - ANSWER-Trust Deed (Deed of
Trust)
An area of 36 sections of one square mile each on a rectangular survey.
Each square mile contains 640 acres - ANSWER- Township
