FLORIDA TITLE INSURANCE
QUESTIONS WITH CORRECT
ANSWERS
3-main-types-of-encroachments---ans-✔✔improvement-on-subject-property-encroaching-
onto-adjacent-property
improvement-on-subject-property-encroaching-into-an-easement
improvement-on-adjacent-property-encroaching-onto-subject-property
Public-Records---ans-✔✔records-established-under-state-statutes-at-Date-of-Policy-for-
the-purpose-of-imparting-constructive-notice-of-matter-relating-to-real-property-to-
purchasers-for-value-without-knowledge
Public-Road---ans-✔✔A-road-constructed-by-the-government-that-has-been-maintained-
or-repaired-by-the-government-continuously-for-4-years
A-road-constructed-by-a-non-government-entity-that-has-been-maintained-and-repaired-
by-the-government-for-the-immediate-past-7-years
Simple-Escrow---ans-✔✔one-where-an-escrow-agent-holds-money-and-documents-for-
two-or-more-parties-until-conditions-are-met-and-is-based-on-a-written-instrument-that-
requires-no-independent-judgement-and-no-doc-prep
Legal-Description---ans-✔✔clearly-defines-the-boundaries-of-the-land-being-conveyed-or-
encumbered
Riparian-Rights---ans-✔✔those-rights-incident-to-land-bordering-upon-navigable-waters,-
including-rights-of-ingress,-egress,-boating,-bathing,-and-fishing-among-others-as-defined-
by-law.
Federal-Tax-Lien---ans-✔✔good-for-10-years-plus-30-days-from-the-date-of-assessment-
referenced-in-the-lien,-with-refiling-extending-the-lien-for-an-additional-10-years
, United-States-Judgement---ans-✔✔attaches-as-a-lien,-once-properly-filed-in-the-
jurisdiction-in-which-the-subject-property-is-located-and-remains-a-lien-for-20-years,-with-
refiling-extending-the-lien-period-for-an-extra-20-years
Involuntary-Liens---ans-✔✔liens-created-by-law-and-placed-against-the-real-property-
without-consent-of-the-property-owner
Voluntary-Liens---ans-✔✔created-by-contract-with-consent-of-the-property-owner
Quit-Claim-Deed---ans-✔✔makes-no-statement-as-to-the-grantor's-ownership-interest,-nor-
does-it-contain-warranties
6-enforceable-covenants-of-a-warranty-deed---ans-✔✔1)-Seizin
2)-Right-to-Convey
3)-Against-Encumbrances
4)-Quiet-Enjoyment
5)-Warranty-Forever
6)-Further-Assurances
Escheat---ans-✔✔The-property-of-a-person-who-dies-without-leaving-a-will-and-with-no-
descendents-or-ascendants-reverts-to-the-state
Intestate---ans-✔✔the-property-of-a-person-who-dies-without-leaving-a-will,-passes-by-
laws-of-descent-and-distribution-to-descendants-and-ascendants
Testate---ans-✔✔The-estate,-including-real-property-owned-at-the-time,-of-a-person-who-
dies-that-passes-in-accordance-with-the-will,-by-laws-of-devise-and-distribution
Abstract-of-Title---ans-✔✔a-chronological-history-of-all-recorded-instruments-relating-to-or-
affecting-title-to-a-specified-property
Reinsurance---ans-✔✔one-policy-issued-by-the-primary-or-lead-title-insurer,-with-
reinsurance-provided-by-a-second-insurer-to-the-primary-behind-the-scenes
the-primary-insurer-pays-claims-until-reinsurance-kicks-in-and-the-second-insurer-pays-the-
remainder
Coinsurance---ans-✔✔Seperate-but-joining-policies-issued-by-two-or-more-insurers-each-
insuring-a-percentage-of-risk-where-each-insurer-pays-out-based-on-it's-percentage-of-
shared-risk
Title-Commitment---ans-✔✔an-offer-to-insure-title-at-a-future-date-that-reflects-the-current-
status-of-title,-sets-forth-requirements-that-must-be-met-in-order-to-insure,-and-lists-the-
exceptions-to-title-that-will-carry-over-to-the-final-policy.
Core-Title-Services---ans-✔✔1)-Title-Search
QUESTIONS WITH CORRECT
ANSWERS
3-main-types-of-encroachments---ans-✔✔improvement-on-subject-property-encroaching-
onto-adjacent-property
improvement-on-subject-property-encroaching-into-an-easement
improvement-on-adjacent-property-encroaching-onto-subject-property
Public-Records---ans-✔✔records-established-under-state-statutes-at-Date-of-Policy-for-
the-purpose-of-imparting-constructive-notice-of-matter-relating-to-real-property-to-
purchasers-for-value-without-knowledge
Public-Road---ans-✔✔A-road-constructed-by-the-government-that-has-been-maintained-
or-repaired-by-the-government-continuously-for-4-years
A-road-constructed-by-a-non-government-entity-that-has-been-maintained-and-repaired-
by-the-government-for-the-immediate-past-7-years
Simple-Escrow---ans-✔✔one-where-an-escrow-agent-holds-money-and-documents-for-
two-or-more-parties-until-conditions-are-met-and-is-based-on-a-written-instrument-that-
requires-no-independent-judgement-and-no-doc-prep
Legal-Description---ans-✔✔clearly-defines-the-boundaries-of-the-land-being-conveyed-or-
encumbered
Riparian-Rights---ans-✔✔those-rights-incident-to-land-bordering-upon-navigable-waters,-
including-rights-of-ingress,-egress,-boating,-bathing,-and-fishing-among-others-as-defined-
by-law.
Federal-Tax-Lien---ans-✔✔good-for-10-years-plus-30-days-from-the-date-of-assessment-
referenced-in-the-lien,-with-refiling-extending-the-lien-for-an-additional-10-years
, United-States-Judgement---ans-✔✔attaches-as-a-lien,-once-properly-filed-in-the-
jurisdiction-in-which-the-subject-property-is-located-and-remains-a-lien-for-20-years,-with-
refiling-extending-the-lien-period-for-an-extra-20-years
Involuntary-Liens---ans-✔✔liens-created-by-law-and-placed-against-the-real-property-
without-consent-of-the-property-owner
Voluntary-Liens---ans-✔✔created-by-contract-with-consent-of-the-property-owner
Quit-Claim-Deed---ans-✔✔makes-no-statement-as-to-the-grantor's-ownership-interest,-nor-
does-it-contain-warranties
6-enforceable-covenants-of-a-warranty-deed---ans-✔✔1)-Seizin
2)-Right-to-Convey
3)-Against-Encumbrances
4)-Quiet-Enjoyment
5)-Warranty-Forever
6)-Further-Assurances
Escheat---ans-✔✔The-property-of-a-person-who-dies-without-leaving-a-will-and-with-no-
descendents-or-ascendants-reverts-to-the-state
Intestate---ans-✔✔the-property-of-a-person-who-dies-without-leaving-a-will,-passes-by-
laws-of-descent-and-distribution-to-descendants-and-ascendants
Testate---ans-✔✔The-estate,-including-real-property-owned-at-the-time,-of-a-person-who-
dies-that-passes-in-accordance-with-the-will,-by-laws-of-devise-and-distribution
Abstract-of-Title---ans-✔✔a-chronological-history-of-all-recorded-instruments-relating-to-or-
affecting-title-to-a-specified-property
Reinsurance---ans-✔✔one-policy-issued-by-the-primary-or-lead-title-insurer,-with-
reinsurance-provided-by-a-second-insurer-to-the-primary-behind-the-scenes
the-primary-insurer-pays-claims-until-reinsurance-kicks-in-and-the-second-insurer-pays-the-
remainder
Coinsurance---ans-✔✔Seperate-but-joining-policies-issued-by-two-or-more-insurers-each-
insuring-a-percentage-of-risk-where-each-insurer-pays-out-based-on-it's-percentage-of-
shared-risk
Title-Commitment---ans-✔✔an-offer-to-insure-title-at-a-future-date-that-reflects-the-current-
status-of-title,-sets-forth-requirements-that-must-be-met-in-order-to-insure,-and-lists-the-
exceptions-to-title-that-will-carry-over-to-the-final-policy.
Core-Title-Services---ans-✔✔1)-Title-Search
