MaryLand State Portion of Title Producer Exam
Latest Update 2024-2025 Actual Exam Questions
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1. If a party uses a fictitious or different name than its business name, it must be
approved by the
a. Maryland Insurance Administration
b. National Association of Insurance Commissioners
c. Maryland Land Title Association
d. American Land Title Association - CORRECT ANSWER: a. Maryland Insurance
Administration
2. When there is termination of the appointment by a title insurer, the insurer must
update the producer register within how many days.
a. 15 days
b. 30 days
c. 45 days
d. 60 days - CORRECT ANSWER: b. 30 days
3. When the application of a business entity for a license as a title insurance producer is
submitted, said entity shall file with the Commissioner a blanket fidelity bond or letter of
credit in this amount.
a. 100,000
b. 150,000
c. 10,000
d. 110,000 - CORRECT ANSWER: b. 150,000
4. Unclaimed property must be escheated to the State of Maryland if it remains
unclaimed by the owner of said property within what time frame?
, a. After 1 year of contacting owner and not receiving a reply
b. After 1 year of sending the unclaimed property
c. After 3 years of contacting owner and not receiving a reply
d. After 3 years of sending the unclaimed property - CORRECT ANSWER: d. After 3
years of sending the unclaimed property
5. When a non-resident owner sells property within Maryland, they will be charged by
the title producer and will collect from what amount?
a. Recordation taxes
b. Net proceeds
c. Loan Amount
d. Half of the total payment - CORRECT ANSWER: b. Net proceeds
6. Under the Real Estate Procedures Act of 1974, all parties to certain real estate
transactions receive a uniform settlement statement called:
a. Loan Estimate
b. Good Faith Estimate
c. Warranty Disclosure
d. Closing Disclosure - CORRECT ANSWER: d. Closing Disclosure
7. All employees under a title insurance producer company must be licensed per
Maryland Code EXCEPT:
a. Escrow Officers
b. Closing Agents
c. Settlement Officers
d. Administrative Assistants - CORRECT ANSWER: d. Administrative Assistants
8. Each title insurer must hold to the rates as approved by the Commissioner and may
not deviate from said rates. Doing so would be considered:
a. Rate Discrimination
Latest Update 2024-2025 Actual Exam Questions
and 100% Verified Correct Answers Guaranteed
A+ Approved by the Professor
1. If a party uses a fictitious or different name than its business name, it must be
approved by the
a. Maryland Insurance Administration
b. National Association of Insurance Commissioners
c. Maryland Land Title Association
d. American Land Title Association - CORRECT ANSWER: a. Maryland Insurance
Administration
2. When there is termination of the appointment by a title insurer, the insurer must
update the producer register within how many days.
a. 15 days
b. 30 days
c. 45 days
d. 60 days - CORRECT ANSWER: b. 30 days
3. When the application of a business entity for a license as a title insurance producer is
submitted, said entity shall file with the Commissioner a blanket fidelity bond or letter of
credit in this amount.
a. 100,000
b. 150,000
c. 10,000
d. 110,000 - CORRECT ANSWER: b. 150,000
4. Unclaimed property must be escheated to the State of Maryland if it remains
unclaimed by the owner of said property within what time frame?
, a. After 1 year of contacting owner and not receiving a reply
b. After 1 year of sending the unclaimed property
c. After 3 years of contacting owner and not receiving a reply
d. After 3 years of sending the unclaimed property - CORRECT ANSWER: d. After 3
years of sending the unclaimed property
5. When a non-resident owner sells property within Maryland, they will be charged by
the title producer and will collect from what amount?
a. Recordation taxes
b. Net proceeds
c. Loan Amount
d. Half of the total payment - CORRECT ANSWER: b. Net proceeds
6. Under the Real Estate Procedures Act of 1974, all parties to certain real estate
transactions receive a uniform settlement statement called:
a. Loan Estimate
b. Good Faith Estimate
c. Warranty Disclosure
d. Closing Disclosure - CORRECT ANSWER: d. Closing Disclosure
7. All employees under a title insurance producer company must be licensed per
Maryland Code EXCEPT:
a. Escrow Officers
b. Closing Agents
c. Settlement Officers
d. Administrative Assistants - CORRECT ANSWER: d. Administrative Assistants
8. Each title insurer must hold to the rates as approved by the Commissioner and may
not deviate from said rates. Doing so would be considered:
a. Rate Discrimination
