QUESTIONS WITH 100% CORRECT
ANSWERS!!
, 1 of 149
Term
Immediately prior to closing a _____ should be ordered.
Regulatory inspection
Title update
Lender's truth in lending statement
Contract addendum
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Equitable Title report
Title update Gap exception
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2 of 149
Term
The purpose of the _____ [optional] is to provide the commitment
typist with written examination notes.
Title commitment
,Title report
Title policy
Determination of insurability
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Title report Title search
Perpetrator Restrictions
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3 of 149
Term
Under the ALDOI Insurance Rule 482-1-148-.09(3) no title insurance
agent may receive credit for any approved course more than:
Once per even year
Once per odd year
Once for any reporting period
Twice for any reporting period
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Alabama Department of Insurance Willful
Once for any reporting Payment to a person for services
period actually rendered
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4 of 149
Term
Which of the following would NOT be considered personal
property?
Lease
Mortgage
Title
Stock
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I, III Will
Ordering the survey Title