LOUISIANA TITLE INSURANCE EXAM 2026
ACTUAL TEST VERIFIED QUESTIONS AND
ANSWERS COMPREHENSIVE STUDY GUIDE
◉ OWNERSHIP - Limited Partnership.
Answer: partnership with partners only liable to the extent of their
investment
◉ OWNERSHIP -Corporation (Double Taxation).
Answer: disadvantage to corporation; corporation must file a tax
return as well as the stockholders
◉ PROPERTY TYPE - Condominiums.
Answer: ownership of individual units in a multi unit structure;
owner receives a unit deed
◉ PROPERTY TYPE - Condominiums (Horizontal Property Act of
1963 & Condominium Act of 1969).
Answer: two acts that regulate condominium ownership
◉ PROPERTY TYPE - Cooperative Apartments.
,Answer: form of ownership in which a corporation is established to
hold title to property and to lease the property to shareholders in
the corporation
- proprietary lease = lease signed by cooperative apartment persons
◉ OWNERSHIP - Warranty Deed (full covenant and warranty deed).
Answer: provides a grantee with the most complete set of
assurances of title possible from a grantor
◉ OWNERSHIP - Covenant of Seisin.
Answer: grantor states that he holds ownership of the property
being conveyed and has the right to sell it
◉ OWNERSHIP - Covenant Against Encumbrances.
Answer: guarantee that there are no encumbrances except those
that are specifically mentioned (such as tax liens, deed restrictions,
etc)
◉ OWNERSHIP - Covenant of Quiet Enjoyment.
Answer: promise by the grantor that the grantee can use and enjoy
the property without interference of possession because the title
conveyed is good and superior to that of any third person
◉ OWNERSHIP - Covenant of Further Assurance.
,Answer: grantor promises to perform any reasonable acts necessary
to make the title good; example if the legal description is flawed in
the original deed, then the grantor needs to take the steps to fix it
◉ OWNERSHIP - Covenant of Warranty Forever.
Answer: grantor promises to pay for the defense of the grantee's title
if it is challenged by a third party; under this covenant, the grantor is
liable to the grantee for the value of the property if the grantee is
evicted by a third party who had superior title
◉ OWNERSHIP - Bargain and Sale Deed with Covenants Against
Grantor's Acts (also called a Special Warranty Deed).
Answer: deed which supports a conveyance of property, but does not
carry with it all of the warranties found in a warranty deed; states
that the owner did not impair his or her ownership except as stated
in the deed
◉ OWNERSHIP - Quitclaim Deed.
Answer: provides the least protection of all deeds; grantor transfers
to grantee the grantor's rights; frequently used to cure a technical
defect in the chain of title
◉ OWNERSHIP - Administrator's Deed.
Answer: deed used by a court-authorized administrator to convey
title to property of a person who dies intestate
, ◉ OWNERSHIP - Deed of Trust.
Answer: deed used to convey legal title from a grantor to a third
party trustee as security for a debt owed by the trustor (borrower)
to the beneficiary (lender)
◉ OWNERSHIP - Executor's Deed.
Answer: deed is used to convey title to real estate owned by a
decedent who dies testate
◉ OWNERSHIP - Gift Deed.
Answer: deed here the consideration is love and affection and is
considered valid
◉ OWNERSHIP - Guardian's Deed.
Answer: deed used by a guardian with permission of the court to
transfer title to property owned by a minor or an insane person
◉ OWNERSHIP - Sheriff's Deed.
Answer: deed given by a sheriff to the highest bidder at a public sale
conducted upon foreclosure of a mortgage, unpaid taxes, or a
judgement
◉ PROPERTY RIGHTS - Habendum Clause.
ACTUAL TEST VERIFIED QUESTIONS AND
ANSWERS COMPREHENSIVE STUDY GUIDE
◉ OWNERSHIP - Limited Partnership.
Answer: partnership with partners only liable to the extent of their
investment
◉ OWNERSHIP -Corporation (Double Taxation).
Answer: disadvantage to corporation; corporation must file a tax
return as well as the stockholders
◉ PROPERTY TYPE - Condominiums.
Answer: ownership of individual units in a multi unit structure;
owner receives a unit deed
◉ PROPERTY TYPE - Condominiums (Horizontal Property Act of
1963 & Condominium Act of 1969).
Answer: two acts that regulate condominium ownership
◉ PROPERTY TYPE - Cooperative Apartments.
,Answer: form of ownership in which a corporation is established to
hold title to property and to lease the property to shareholders in
the corporation
- proprietary lease = lease signed by cooperative apartment persons
◉ OWNERSHIP - Warranty Deed (full covenant and warranty deed).
Answer: provides a grantee with the most complete set of
assurances of title possible from a grantor
◉ OWNERSHIP - Covenant of Seisin.
Answer: grantor states that he holds ownership of the property
being conveyed and has the right to sell it
◉ OWNERSHIP - Covenant Against Encumbrances.
Answer: guarantee that there are no encumbrances except those
that are specifically mentioned (such as tax liens, deed restrictions,
etc)
◉ OWNERSHIP - Covenant of Quiet Enjoyment.
Answer: promise by the grantor that the grantee can use and enjoy
the property without interference of possession because the title
conveyed is good and superior to that of any third person
◉ OWNERSHIP - Covenant of Further Assurance.
,Answer: grantor promises to perform any reasonable acts necessary
to make the title good; example if the legal description is flawed in
the original deed, then the grantor needs to take the steps to fix it
◉ OWNERSHIP - Covenant of Warranty Forever.
Answer: grantor promises to pay for the defense of the grantee's title
if it is challenged by a third party; under this covenant, the grantor is
liable to the grantee for the value of the property if the grantee is
evicted by a third party who had superior title
◉ OWNERSHIP - Bargain and Sale Deed with Covenants Against
Grantor's Acts (also called a Special Warranty Deed).
Answer: deed which supports a conveyance of property, but does not
carry with it all of the warranties found in a warranty deed; states
that the owner did not impair his or her ownership except as stated
in the deed
◉ OWNERSHIP - Quitclaim Deed.
Answer: provides the least protection of all deeds; grantor transfers
to grantee the grantor's rights; frequently used to cure a technical
defect in the chain of title
◉ OWNERSHIP - Administrator's Deed.
Answer: deed used by a court-authorized administrator to convey
title to property of a person who dies intestate
, ◉ OWNERSHIP - Deed of Trust.
Answer: deed used to convey legal title from a grantor to a third
party trustee as security for a debt owed by the trustor (borrower)
to the beneficiary (lender)
◉ OWNERSHIP - Executor's Deed.
Answer: deed is used to convey title to real estate owned by a
decedent who dies testate
◉ OWNERSHIP - Gift Deed.
Answer: deed here the consideration is love and affection and is
considered valid
◉ OWNERSHIP - Guardian's Deed.
Answer: deed used by a guardian with permission of the court to
transfer title to property owned by a minor or an insane person
◉ OWNERSHIP - Sheriff's Deed.
Answer: deed given by a sheriff to the highest bidder at a public sale
conducted upon foreclosure of a mortgage, unpaid taxes, or a
judgement
◉ PROPERTY RIGHTS - Habendum Clause.
