7/8/25, 7:36 PM NJ Title Producer Title Final
NJ TITLE PRODUCER TITLE ACTUAL FINAL EXAM 2025-
2026 NEWEST VERSION WITH COMPLETE QUESTIONS
AND ACCURATE DETAILED ANSWERS \LATEST UPDATE
\ASSURED PASS \GRADED A+ \BRAND NEW!!2025-2026
"A" and "B" bought a house B) It is divided, with B retaining their original interest
as tenants in common. If and the balance going to A's estate.
"A" dies which of the
following statements about
ownership of the house is
correct?
A) It automatically
becomes tenancy in
severalty.
B) It is divided, with B retaining
their
original interest and the
balance going to A's estate.
C) B holds fee simple
ownership to A's share
of the property
D) B holds a life estate
ownership to A's share of
the property
The difference between B) Equity
the value of a property
and the total amount of
liens against it is known
as:
A) A down payment
B) Equity
C) Actual cash
value
/ 1/42
,7/8/25, 7:36 PM NJ Title Producer Title Final
D)Collateral
If a husband and wife take D) Unequal shares of ownership
title to a
property as tenants in
common, they may also
have elected to have:
A) Title in severalty
B) Separate life estates
C) The right of survivorship
D) Unequal shares of ownership
A person who openly, D) Adverse possession
continuously and hostilely
occupies another's land for
a period set by a statute
may gain title by means of:
A) Voluntary alienation
B) Accretion
C) Prescription
D) Adverse possession
Truth-In-Lending Act B) Disclosure statement
requires the lender to
furnish an applicant for a
real estate loan with a
copy of an:
A) Amorization schedule
B) Disclosure statement
C) Deed
D) Financial statement
The seller is responsible for A) The realty transfer tax
which of the following costs
at closing:
A) The realty transfer tax
B) The title search
C) The Deed recording fee
D) Title insurance
/ 2/42
,7/8/25, 7:36 PM NJ Title Producer Title Final
When private property is A) Escheat
abandoned the state may
acquire title to that
property
under the right of :
A) Escheat
B) Eminent domain
C) Police power
D) Taxation
The term hypothecation A) Conditional security for debt
most closely means:
A) Conditional security for debt
B) Conditional ownership of
property
C) A right of first refusal
D) Conditional mortgage
commitment
A CORRECT statement about B) Must pas assessments
condominium and
cooperative apartment
owners is that they both:
A) Receive an annual real
estate tax bill
B) Must pas assessments
C) Own shares of stock
D) Own real property
Which of the following is not D) The signature of both parties
necessary to a valid
contract:
A) Consideration
B) Contractual ability
C) Legal purpose
D) The signature of both parties
Which is NOT true of a tax lien A) Title passes with the sale
sale?
A) Title passes with the sale
B) The lien holder is the
lowest interest bidder
C) The municipality may hold
the lien
/ 3/42
, 7/8/25, 7:36 PM NJ Title Producer Title Final
D) The property owner has
two years to pay the lien
Which would be a credit to A) The balance of an existing mortgage to be assumed
the purchaser at
settlement?
A) The balance of an existing
mortgage to be assumed
B) Taxes overpaid by the seller
C) Fuel oil remaining in the
tank
D)Unpaid new mortgage
In a condominium apartment A) Common elements
project, the BEST term to
describe a swimming pool
and laundry room for the
use of unite owners is?
A) Common elements
B) Limited common elements
C) Fee simple elements
D) Leasehold elements
When homeowners itemize B) Interest paid on the home mortgage
deductions in computing
their annual taxable
income they may deduct:
A) Payments of principal
on the home mortgage
B) Interest paid on the home
mortgage
C) Depreciation of the home
D) Cost of repair
Dual Agency is best described C) Brokers taking both parties as principals
as:
A) Two companies working
together
B) Owing special duties to
another person
C) Brokers taking both parties
as principals
/ 4/42
NJ TITLE PRODUCER TITLE ACTUAL FINAL EXAM 2025-
2026 NEWEST VERSION WITH COMPLETE QUESTIONS
AND ACCURATE DETAILED ANSWERS \LATEST UPDATE
\ASSURED PASS \GRADED A+ \BRAND NEW!!2025-2026
"A" and "B" bought a house B) It is divided, with B retaining their original interest
as tenants in common. If and the balance going to A's estate.
"A" dies which of the
following statements about
ownership of the house is
correct?
A) It automatically
becomes tenancy in
severalty.
B) It is divided, with B retaining
their
original interest and the
balance going to A's estate.
C) B holds fee simple
ownership to A's share
of the property
D) B holds a life estate
ownership to A's share of
the property
The difference between B) Equity
the value of a property
and the total amount of
liens against it is known
as:
A) A down payment
B) Equity
C) Actual cash
value
/ 1/42
,7/8/25, 7:36 PM NJ Title Producer Title Final
D)Collateral
If a husband and wife take D) Unequal shares of ownership
title to a
property as tenants in
common, they may also
have elected to have:
A) Title in severalty
B) Separate life estates
C) The right of survivorship
D) Unequal shares of ownership
A person who openly, D) Adverse possession
continuously and hostilely
occupies another's land for
a period set by a statute
may gain title by means of:
A) Voluntary alienation
B) Accretion
C) Prescription
D) Adverse possession
Truth-In-Lending Act B) Disclosure statement
requires the lender to
furnish an applicant for a
real estate loan with a
copy of an:
A) Amorization schedule
B) Disclosure statement
C) Deed
D) Financial statement
The seller is responsible for A) The realty transfer tax
which of the following costs
at closing:
A) The realty transfer tax
B) The title search
C) The Deed recording fee
D) Title insurance
/ 2/42
,7/8/25, 7:36 PM NJ Title Producer Title Final
When private property is A) Escheat
abandoned the state may
acquire title to that
property
under the right of :
A) Escheat
B) Eminent domain
C) Police power
D) Taxation
The term hypothecation A) Conditional security for debt
most closely means:
A) Conditional security for debt
B) Conditional ownership of
property
C) A right of first refusal
D) Conditional mortgage
commitment
A CORRECT statement about B) Must pas assessments
condominium and
cooperative apartment
owners is that they both:
A) Receive an annual real
estate tax bill
B) Must pas assessments
C) Own shares of stock
D) Own real property
Which of the following is not D) The signature of both parties
necessary to a valid
contract:
A) Consideration
B) Contractual ability
C) Legal purpose
D) The signature of both parties
Which is NOT true of a tax lien A) Title passes with the sale
sale?
A) Title passes with the sale
B) The lien holder is the
lowest interest bidder
C) The municipality may hold
the lien
/ 3/42
, 7/8/25, 7:36 PM NJ Title Producer Title Final
D) The property owner has
two years to pay the lien
Which would be a credit to A) The balance of an existing mortgage to be assumed
the purchaser at
settlement?
A) The balance of an existing
mortgage to be assumed
B) Taxes overpaid by the seller
C) Fuel oil remaining in the
tank
D)Unpaid new mortgage
In a condominium apartment A) Common elements
project, the BEST term to
describe a swimming pool
and laundry room for the
use of unite owners is?
A) Common elements
B) Limited common elements
C) Fee simple elements
D) Leasehold elements
When homeowners itemize B) Interest paid on the home mortgage
deductions in computing
their annual taxable
income they may deduct:
A) Payments of principal
on the home mortgage
B) Interest paid on the home
mortgage
C) Depreciation of the home
D) Cost of repair
Dual Agency is best described C) Brokers taking both parties as principals
as:
A) Two companies working
together
B) Owing special duties to
another person
C) Brokers taking both parties
as principals
/ 4/42
