MARYLAND TITLE INSURANCE PRE-LICENSE COURSE EXAM
WITH THE LATEST SCORE.
Easement Appurtenant -- Answer ✔✔ Only exists between properties
t t t t t t t t
Dominant Tenement -- Answer ✔✔ Has right to use your property (ex. Driveway)
t t t t t t t t t t t t
Servient -- Answer ✔✔ Has to allow the dominant tenement passage of property (ex.
t t t t t t t t t t t t t t
Driveway)
UCC-1 United Commercial Code -- Answer ✔✔ 5 years of date.
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Renew 6 months before expiration.
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Land Records.
t
Termination.
Mechanic Lien -- Answer ✔✔ Must be enforced in 1 year FICE
t t t t t t t t t t t
Circuit Court t
Bond with the Circuit Court
t t t t
Federal State Taxes -- Answer ✔✔ 10 years from the date of death.
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Arises auto upon death recording is not required. IRS release/ Discharge tax letter
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Federal Tax Liens -- Answer ✔✔ 10 years from the date of assessment + 30 days to refile.
t t t t t t t t t t t t t t t t t
Circuit Court t t
Has to be satisfied
t t t
TRID -- Answer ✔✔ TILA & RESPA Integrated disclosure as of August 2015
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APR -- Answer ✔✔ Annual Percentage Rate
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ABA -- Answer ✔✔ Affiliated Business Arrangement. Also know Safe Harbor
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WITH THE LATEST SCORE.
Easement Appurtenant -- Answer ✔✔ Only exists between properties
t t t t t t t t
Dominant Tenement -- Answer ✔✔ Has right to use your property (ex. Driveway)
t t t t t t t t t t t t
Servient -- Answer ✔✔ Has to allow the dominant tenement passage of property (ex.
t t t t t t t t t t t t t t
Driveway)
UCC-1 United Commercial Code -- Answer ✔✔ 5 years of date.
t t t t t t t t t t
Renew 6 months before expiration.
t t t t t
Land Records.
t
Termination.
Mechanic Lien -- Answer ✔✔ Must be enforced in 1 year FICE
t t t t t t t t t t t
Circuit Court t
Bond with the Circuit Court
t t t t
Federal State Taxes -- Answer ✔✔ 10 years from the date of death.
t t t t t t t t t t t t t
Arises auto upon death recording is not required. IRS release/ Discharge tax letter
t t t t t t t t t t t t
Federal Tax Liens -- Answer ✔✔ 10 years from the date of assessment + 30 days to refile.
t t t t t t t t t t t t t t t t t
Circuit Court t t
Has to be satisfied
t t t
TRID -- Answer ✔✔ TILA & RESPA Integrated disclosure as of August 2015
t t t t t t t t t t t t
APR -- Answer ✔✔ Annual Percentage Rate
t t t t t t
ABA -- Answer ✔✔ Affiliated Business Arrangement. Also know Safe Harbor
t t t t t t t t t t