Examination for Missouri
Insurance Producer's / Exam
Questions & Correct Answers.
Save
Terms in this set (250)
What is a Abstract of Title
summary of
public records
relating to the
title to a
particular tract
of land?
,What is a formal An acknowledgement
declaration
before a duly
authorized
officer (usually a
notary public)
by a person
who has
executed an
instrument that
such execution
is his own act
and deed?
,____________ is An acknowledgment
necessary to
entitle some
instruments to
be recorded, to
impart
constructive
notice of its
contents and to
entitle the
instruments to
be used as
evidence
without further
proof.
Physical Adverse Possession
possession of
land
inconsistent
with the rights
of the owner is
known as?
, What happens They acquire the title to the land
in most states
when a party in
adverse
possession fully
satisfies the
requirements of
the relevant
statues?
Provisions in Affirmative Coverage
policies by
which the
insurer
affirmatively
insures against
loss due to
specific risks
generally not
covered by
policies is
known as
____________.
Insurance Producer's / Exam
Questions & Correct Answers.
Save
Terms in this set (250)
What is a Abstract of Title
summary of
public records
relating to the
title to a
particular tract
of land?
,What is a formal An acknowledgement
declaration
before a duly
authorized
officer (usually a
notary public)
by a person
who has
executed an
instrument that
such execution
is his own act
and deed?
,____________ is An acknowledgment
necessary to
entitle some
instruments to
be recorded, to
impart
constructive
notice of its
contents and to
entitle the
instruments to
be used as
evidence
without further
proof.
Physical Adverse Possession
possession of
land
inconsistent
with the rights
of the owner is
known as?
, What happens They acquire the title to the land
in most states
when a party in
adverse
possession fully
satisfies the
requirements of
the relevant
statues?
Provisions in Affirmative Coverage
policies by
which the
insurer
affirmatively
insures against
loss due to
specific risks
generally not
covered by
policies is
known as
____________.
