MISSOURI TITLE INSURANCE PRODUCER EXAM
QUESTIONS AND ANSWERS RATED A+
2024/2025
Title fInsurance f- fanswersInsured fstatement fof fthe fcondition fof ftitle for fownership fof
freal fproperty. fFor fa fone-time-only fpremium, fthe fnamed finsured fand ftheir fheirs fare
fprotected fagainst ftitle fdefects, fliens, fencumbrances fexisting fas fof fthe fdate fof fthe
fpolicy fand fnot fspecifically fexcluded ffrom fit. fIn fthe fevent fof fa fclaim f, fthe ftitle
fcompany fprovides flegal fdefense ffrom fthe fpolicyholder fand fpays fany fcovered flosses
fincurred fas fa fresult fof fsuch fclaim.
Commitment/Binder f1 f- fanswersAlso fcalled fa f"preliminary fcertificate", fit's fa fcontract
fwith fa ftitle fcompany fto fissue fa fspecific ftitle fpolicy, fshowing fonly fthose fexceptions
fcontained fin fthe f-- fand fany fintervening fmatters fafter fthe fdate fof fthe f-- fand fprior fto
fthe feffective fdate fof fthe fpolicy. fThe f-- fcontains fall finformation fincluded fin fthe
fpreliminary ftitle freport, fplus fa flist fof frequirements fthat fmust fbe fmet fin forder fto finsure
fthe ftransaction fand fstandard fexceptions ffrom fcoverage fthat fwill fappear fin fthe fpolicy
Commitment/Binder f2 f- fanswers1. fA fpreliminary freport fas fto fthe fcondition fof fa ftitle
fand fa f-- fto fissue fa ftitle finsurance fpolicy fwhen fcertain fconditions fare fmet.
2. fA fdocument fissued fby fa ftitle finsurance fcompany fthat fcontains fthe fconditions
funder fwhich fa fpolicy fof ftitle finsurance fwill fbe fissued.
Endorsement f- fanswersAn faddition fto for fmodification fof fa ftitle finsurance fpolicy fwhich
fexpands for fchanges fcoverage fof fthe fpolicy, ffulfilling fspecific frequirements fof fthe
finsured.
Exception f- fanswersA fprovision fin fa ftitle finsurance fbinder for fpolicy fthat fexcludes
fliability ffor fa fspecific ftitle fdefect for fan foutstanding flien for fencumbrance, fsuch fas
feasements fand frestrictions
Requirements f- fanswersConditions fin fa ftitle finsurance fbinder fthat fmust fbe fmet for
fotherwise fcleared fbefore ftitle fcan fbe finsured fand fa fpolicy fcan fbe fissued,
Encumbrance f- fanswersAnything fwhich faffects for flimits fthe ffee fsimple ftitle fto
fproperty, fsuch fas fmortgages, feasements, for frestrictions fwhich fdo fnot fprevent
falienation fof fthe ffee ftitle fby fthe fowner. fLiens fare fspecial f-- fwhich fmake fthe fproperty
fsecurity ffor fthe fdebt.
Encroachment f- fanswersThe fsituation fthat fexists fwhen fa fstructure fis fbuilt fin fwhole for
fpart fon fa fneighboring fproperty. fDisputes farising ffrom fa fconfusion fof fboundaries fmay
fbe fthe fresult fof fincorrect fsurveys, for fmistakes fby fbuilders fand/or fowners fwhen
ferecting fan fimprovement; fand fmay fbe fgenerally fsettled fby fan faction fat flaw.
,fHowever, fcourts fof fequity fwill fentertain fa fbill ffor fthe fsettlement fof fboundaries fwhen
fthe frights fmay fbe festablished fupon fequitable fgrounds. f-- fmay fbe fcorrected fby fgiving
for fselling fthe fsaid fparty fan feasement for flease ffor fthe flifetime fof fthe fbuilding, for fin
fthe fcase fof fsmall fstructures, factually fmoving fit fonto fthe fowner's fown fproperty.
Insurance fCompanies f- fanswersProtect findividuals fand forganizations ffrom ffinancial
floss fby fassuming frisk. fThey fanalyze finformation fin finsurance fapplications fto
fdetermine fif fa frisk fis facceptable fand fis fnot fexpected fto fresult fin fa floss. fApplications
fare foften fsupplemented fwith freports ffrom floss-control fconsultants.
Underwriters f- fanswersMust fdecide fwhether ftop fissue fthe fpolicy, fthe fappropriate
fpremium fto fcharge, fand fwrite fpolicies fthat fcover fthese frisks. fIn fmaking fthis
fdetermination, f-- fserve fas fthe fmain flink fbetween fthe finsurance fcarrier fand fthe
finsurance fagent. fAn finsurance fcompany fmay flose fbusiness fif fthe f-- fappraises frisks
ftoo fconservatively, for fmay fhave fto fpay fclaims fif fthe f-- factions fare ftoo fliberal.
Chain fof fTitle f- fanswersThe fhistory fof fpassing fof ftitle fownership ffrom fthe fpresent
fowner fback fto fthe foriginal fowner. fThey finclude fnotations fof fdeeds, fdistribution ffrom
festates, fcertificates fof fdeath, fforeclosures, fquiet ftitle, fand fother frecorded ftransfers fof
ftitle. fBefore fpurchasing fproperty, fthe fpurchaser fwill fusually fhire fa ftitle fcompany fto
fsearch fout fthe f-- fand fprovide fa freport. fIn fmany freal festate ftransactions, finsurance
fcompanies fissue ftitle finsurance fbased fupon fthe f-- fto fthe fproperty fwhen fit fis
ftransferred.
Closing fand fSettlement f- fanswersIn fa freal festate ftransaction, fthe f-- fis fthe ffinal
fexchange fin fthe fsale fand fpurchase fof freal festate fwhere fthe ftitle fis ftransferred,
ffinancial fdocuments fare fexecuted, ftitle finsurance fpolicies fare fcreated, fand fcosts fare
fpaid. fSome fof fthe ffinal fdocuments fare fthen fdelivered fto fthe fcounty frecorder fto fbe
frecorded. fDepending fon flocal fpractice, fthe f-- fis fhandled fby fa ftitle fcompany, fescrow
fcompany, for fattorney.
Escrow f- fanswersThe fdeposit fof finstruments, ffunds fand finstructions fto fan
findependent fthird fparty fto fcarry fout fthe fprovisions fof fan fagreement for fcontracts.
fWhen feverything fis fdeposited fto fenable fcarrying fout fthe finstructions, fit fis fcomplete
fand fperfect f--. fThe ftransfer fof fproperty for fdocument fis fcompleted fupon ffulfillment fof
fspecified fconditions, fwhereupon fthe fnecessary fdeeds fand fother finstruments fare
frecorded.
Transfer fTax fand fRecording f- fanswersIn fthe fstate fof fMissouri, fthere fis fno f-- f(which fis
fa ftax fpaid fby fa fbuyer for fseller feach ftime fa fproperty fis ftransferred, fas fevidenced fby
fthe frecorder fof fdeeds).
Paper f- fDocument fFormatting fRequirements f- fanswers- fWhite, flight-colored, f20#
fweight fwithout fwatermarks for flogos
- fPrinted fin fblack for fdark fink fon fone fside fonly
- fNo fcontinuous fforms for fpermanent fbinding; fstapled fdocuments fare facceptable
, Margins f& fFormatting f- fDocument fFormatting fRequirements f- fanswers- fFirst fpage
fshall fhave ftop f3 finches fof fvertical fspace ffor frecorder's fuse fshall fbe fblank
- fMinimum f3/4" fmargins fon fall fother fmargins fon ffirst fpage fand fall fsubsequent fpages
- fPrint for ftype fsize fshall fnot fbe fsmaller fthan f8-point ftype f(non-essential finformation
fsuch fas fpage fnumbers, fform fnumbers, fetc., fis fexempt)
- fDocument fmust fbe fsufficiently flegible fto fproduce fa fclear fand flegible freproduction
Signatures f- fDocument fFormatting fRequirements f- fanswers- fAll f-- fmust fbe fin fblack for
fdark fink fto finsure flegible freproduction
- fAll f-- fmust fhave fname ftyped, fstamped, for fprinted funderneath
Attachments f- fDocument fFormatting fRequirements f- fanswers- fNo f-- fstapled for
fotherwise faffixed fto fany fpage fis fallowed fexcept fas fnecessary fto fevidence
fcompliance fwith fstatutory frequirements f(firmly fattached flabel fwith fbar fcode for freturn
faddress fis facceptable). fExamples fof fthe fare fcertifications fof fmailing fand fpublication
fnotices
First fPage fInformation f- fDocument fFormatting fRequirements f- fanswers- fEvery
fdocument f(except fplats fand fsurveys) fcontaining fany fof fthe ffollowing fitems fshall fhave
fsuch finformation fon fthe f-- fbelow fthe f3" fmargin:
1. fTitle fof fthe fdocument;
2. fDate fof fthe fdocument;
3. fAll fGrantors fnames findicated fas fGrantors;
4. fAll fGrantees fnames findicated fas fGrantees;
5. fGrantee's faddress; f
6. fAny fother fstatutory faddresses;
7. fLegal fDescriptions;
8. fReference fbook f& fpage f/ fInstrument fnumber fif frequired
If fthe fis fnot fsufficient froom fon fthe f-- ffor fall fof fthe finformation frequired fby fthis
fsubsection, fthe fpage freference fwithin fthe fdocument fwhere fthe finformation fis fset fout
fshall fbe fclearly fstated fon fthe f--.
Document fFormatting fRequirement fFees f- fanswersDocuments fthat fdo fnot fmeet fthe
frequirements f("non-standard fdocuments") fmay fbe frecorded ffor fan fadditional ffee fof
f$25.00.
Exempt fDocuments ffrom fFormatting fRequirements f- fanswers- fDocuments fsigned
fprior fto fJanuary f1, f2002
- fMilitary fSeparation fPapers
- fDocuments fexecuted foutside fof fthe fUnited fStates
- fCertified fcopies fof fdocuments, fincluding fbirth fand fdeath fcertificates
- fAny fdocument fwhere fone fof fthe foriginal fparties fis fdeceased for fincapacitated
- fJudgement for fother fdocuments frequired fto fmeet fcourt frequirements
- fUniform fCommercial fCode ffilings
QUESTIONS AND ANSWERS RATED A+
2024/2025
Title fInsurance f- fanswersInsured fstatement fof fthe fcondition fof ftitle for fownership fof
freal fproperty. fFor fa fone-time-only fpremium, fthe fnamed finsured fand ftheir fheirs fare
fprotected fagainst ftitle fdefects, fliens, fencumbrances fexisting fas fof fthe fdate fof fthe
fpolicy fand fnot fspecifically fexcluded ffrom fit. fIn fthe fevent fof fa fclaim f, fthe ftitle
fcompany fprovides flegal fdefense ffrom fthe fpolicyholder fand fpays fany fcovered flosses
fincurred fas fa fresult fof fsuch fclaim.
Commitment/Binder f1 f- fanswersAlso fcalled fa f"preliminary fcertificate", fit's fa fcontract
fwith fa ftitle fcompany fto fissue fa fspecific ftitle fpolicy, fshowing fonly fthose fexceptions
fcontained fin fthe f-- fand fany fintervening fmatters fafter fthe fdate fof fthe f-- fand fprior fto
fthe feffective fdate fof fthe fpolicy. fThe f-- fcontains fall finformation fincluded fin fthe
fpreliminary ftitle freport, fplus fa flist fof frequirements fthat fmust fbe fmet fin forder fto finsure
fthe ftransaction fand fstandard fexceptions ffrom fcoverage fthat fwill fappear fin fthe fpolicy
Commitment/Binder f2 f- fanswers1. fA fpreliminary freport fas fto fthe fcondition fof fa ftitle
fand fa f-- fto fissue fa ftitle finsurance fpolicy fwhen fcertain fconditions fare fmet.
2. fA fdocument fissued fby fa ftitle finsurance fcompany fthat fcontains fthe fconditions
funder fwhich fa fpolicy fof ftitle finsurance fwill fbe fissued.
Endorsement f- fanswersAn faddition fto for fmodification fof fa ftitle finsurance fpolicy fwhich
fexpands for fchanges fcoverage fof fthe fpolicy, ffulfilling fspecific frequirements fof fthe
finsured.
Exception f- fanswersA fprovision fin fa ftitle finsurance fbinder for fpolicy fthat fexcludes
fliability ffor fa fspecific ftitle fdefect for fan foutstanding flien for fencumbrance, fsuch fas
feasements fand frestrictions
Requirements f- fanswersConditions fin fa ftitle finsurance fbinder fthat fmust fbe fmet for
fotherwise fcleared fbefore ftitle fcan fbe finsured fand fa fpolicy fcan fbe fissued,
Encumbrance f- fanswersAnything fwhich faffects for flimits fthe ffee fsimple ftitle fto
fproperty, fsuch fas fmortgages, feasements, for frestrictions fwhich fdo fnot fprevent
falienation fof fthe ffee ftitle fby fthe fowner. fLiens fare fspecial f-- fwhich fmake fthe fproperty
fsecurity ffor fthe fdebt.
Encroachment f- fanswersThe fsituation fthat fexists fwhen fa fstructure fis fbuilt fin fwhole for
fpart fon fa fneighboring fproperty. fDisputes farising ffrom fa fconfusion fof fboundaries fmay
fbe fthe fresult fof fincorrect fsurveys, for fmistakes fby fbuilders fand/or fowners fwhen
ferecting fan fimprovement; fand fmay fbe fgenerally fsettled fby fan faction fat flaw.
,fHowever, fcourts fof fequity fwill fentertain fa fbill ffor fthe fsettlement fof fboundaries fwhen
fthe frights fmay fbe festablished fupon fequitable fgrounds. f-- fmay fbe fcorrected fby fgiving
for fselling fthe fsaid fparty fan feasement for flease ffor fthe flifetime fof fthe fbuilding, for fin
fthe fcase fof fsmall fstructures, factually fmoving fit fonto fthe fowner's fown fproperty.
Insurance fCompanies f- fanswersProtect findividuals fand forganizations ffrom ffinancial
floss fby fassuming frisk. fThey fanalyze finformation fin finsurance fapplications fto
fdetermine fif fa frisk fis facceptable fand fis fnot fexpected fto fresult fin fa floss. fApplications
fare foften fsupplemented fwith freports ffrom floss-control fconsultants.
Underwriters f- fanswersMust fdecide fwhether ftop fissue fthe fpolicy, fthe fappropriate
fpremium fto fcharge, fand fwrite fpolicies fthat fcover fthese frisks. fIn fmaking fthis
fdetermination, f-- fserve fas fthe fmain flink fbetween fthe finsurance fcarrier fand fthe
finsurance fagent. fAn finsurance fcompany fmay flose fbusiness fif fthe f-- fappraises frisks
ftoo fconservatively, for fmay fhave fto fpay fclaims fif fthe f-- factions fare ftoo fliberal.
Chain fof fTitle f- fanswersThe fhistory fof fpassing fof ftitle fownership ffrom fthe fpresent
fowner fback fto fthe foriginal fowner. fThey finclude fnotations fof fdeeds, fdistribution ffrom
festates, fcertificates fof fdeath, fforeclosures, fquiet ftitle, fand fother frecorded ftransfers fof
ftitle. fBefore fpurchasing fproperty, fthe fpurchaser fwill fusually fhire fa ftitle fcompany fto
fsearch fout fthe f-- fand fprovide fa freport. fIn fmany freal festate ftransactions, finsurance
fcompanies fissue ftitle finsurance fbased fupon fthe f-- fto fthe fproperty fwhen fit fis
ftransferred.
Closing fand fSettlement f- fanswersIn fa freal festate ftransaction, fthe f-- fis fthe ffinal
fexchange fin fthe fsale fand fpurchase fof freal festate fwhere fthe ftitle fis ftransferred,
ffinancial fdocuments fare fexecuted, ftitle finsurance fpolicies fare fcreated, fand fcosts fare
fpaid. fSome fof fthe ffinal fdocuments fare fthen fdelivered fto fthe fcounty frecorder fto fbe
frecorded. fDepending fon flocal fpractice, fthe f-- fis fhandled fby fa ftitle fcompany, fescrow
fcompany, for fattorney.
Escrow f- fanswersThe fdeposit fof finstruments, ffunds fand finstructions fto fan
findependent fthird fparty fto fcarry fout fthe fprovisions fof fan fagreement for fcontracts.
fWhen feverything fis fdeposited fto fenable fcarrying fout fthe finstructions, fit fis fcomplete
fand fperfect f--. fThe ftransfer fof fproperty for fdocument fis fcompleted fupon ffulfillment fof
fspecified fconditions, fwhereupon fthe fnecessary fdeeds fand fother finstruments fare
frecorded.
Transfer fTax fand fRecording f- fanswersIn fthe fstate fof fMissouri, fthere fis fno f-- f(which fis
fa ftax fpaid fby fa fbuyer for fseller feach ftime fa fproperty fis ftransferred, fas fevidenced fby
fthe frecorder fof fdeeds).
Paper f- fDocument fFormatting fRequirements f- fanswers- fWhite, flight-colored, f20#
fweight fwithout fwatermarks for flogos
- fPrinted fin fblack for fdark fink fon fone fside fonly
- fNo fcontinuous fforms for fpermanent fbinding; fstapled fdocuments fare facceptable
, Margins f& fFormatting f- fDocument fFormatting fRequirements f- fanswers- fFirst fpage
fshall fhave ftop f3 finches fof fvertical fspace ffor frecorder's fuse fshall fbe fblank
- fMinimum f3/4" fmargins fon fall fother fmargins fon ffirst fpage fand fall fsubsequent fpages
- fPrint for ftype fsize fshall fnot fbe fsmaller fthan f8-point ftype f(non-essential finformation
fsuch fas fpage fnumbers, fform fnumbers, fetc., fis fexempt)
- fDocument fmust fbe fsufficiently flegible fto fproduce fa fclear fand flegible freproduction
Signatures f- fDocument fFormatting fRequirements f- fanswers- fAll f-- fmust fbe fin fblack for
fdark fink fto finsure flegible freproduction
- fAll f-- fmust fhave fname ftyped, fstamped, for fprinted funderneath
Attachments f- fDocument fFormatting fRequirements f- fanswers- fNo f-- fstapled for
fotherwise faffixed fto fany fpage fis fallowed fexcept fas fnecessary fto fevidence
fcompliance fwith fstatutory frequirements f(firmly fattached flabel fwith fbar fcode for freturn
faddress fis facceptable). fExamples fof fthe fare fcertifications fof fmailing fand fpublication
fnotices
First fPage fInformation f- fDocument fFormatting fRequirements f- fanswers- fEvery
fdocument f(except fplats fand fsurveys) fcontaining fany fof fthe ffollowing fitems fshall fhave
fsuch finformation fon fthe f-- fbelow fthe f3" fmargin:
1. fTitle fof fthe fdocument;
2. fDate fof fthe fdocument;
3. fAll fGrantors fnames findicated fas fGrantors;
4. fAll fGrantees fnames findicated fas fGrantees;
5. fGrantee's faddress; f
6. fAny fother fstatutory faddresses;
7. fLegal fDescriptions;
8. fReference fbook f& fpage f/ fInstrument fnumber fif frequired
If fthe fis fnot fsufficient froom fon fthe f-- ffor fall fof fthe finformation frequired fby fthis
fsubsection, fthe fpage freference fwithin fthe fdocument fwhere fthe finformation fis fset fout
fshall fbe fclearly fstated fon fthe f--.
Document fFormatting fRequirement fFees f- fanswersDocuments fthat fdo fnot fmeet fthe
frequirements f("non-standard fdocuments") fmay fbe frecorded ffor fan fadditional ffee fof
f$25.00.
Exempt fDocuments ffrom fFormatting fRequirements f- fanswers- fDocuments fsigned
fprior fto fJanuary f1, f2002
- fMilitary fSeparation fPapers
- fDocuments fexecuted foutside fof fthe fUnited fStates
- fCertified fcopies fof fdocuments, fincluding fbirth fand fdeath fcertificates
- fAny fdocument fwhere fone fof fthe foriginal fparties fis fdeceased for fincapacitated
- fJudgement for fother fdocuments frequired fto fmeet fcourt frequirements
- fUniform fCommercial fCode ffilings
