TITLE INSURANCE ACTUAL TEST PAPER
FULL QUESTIONS AND ACCURATE
ANSWERS GRADED APLUS
●● Public Records
Answer: 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
Answer: 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
Answer: 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
, Answer: clearly defines the boundaries of the land being conveyed or
encumbered
●● Riparian Rights
Answer: 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
Answer: 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
Answer: 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
Answer: liens created by law and placed against the real property
without consent of the property owner
●● Voluntary Liens
Answer: created by contract with consent of the property owner
FULL QUESTIONS AND ACCURATE
ANSWERS GRADED APLUS
●● Public Records
Answer: 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
Answer: 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
Answer: 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
, Answer: clearly defines the boundaries of the land being conveyed or
encumbered
●● Riparian Rights
Answer: 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
Answer: 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
Answer: 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
Answer: liens created by law and placed against the real property
without consent of the property owner
●● Voluntary Liens
Answer: created by contract with consent of the property owner
