Title 7 Forms

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Question 1 of 1

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376547

120

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Under the Alta 2006 form policy, Exclusion from Coverage No. 1(a)--"any law, ordinance, permit, or governmental regulation.... restricting, regulating, prohibiting, or relating to"-- reference all of the following EXCEPT

Select the correct answer(s).

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376292

120

none

Under the ALTA 2006 form policy, "Public Records" is defined as records established under state statutes at date of policy for the purpose of ____ relating to real property to purchasers for value and without knowledge.

Select the correct answer(s).

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376548

120

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Under the Alta 2006 form policy, the term "mortgage" does NOT include:

Select the correct answer(s).

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376293

120

none

The ALTA 2006 commitment Conditions stipulates that the policy to be issued contains an arbitration clause. Arbitrable Matters, when the Amount of insurance is ______, are arbitrated at the option of either the Company [Insurer] or the Insured as the exclusive remedy of the parties.

Select the correct answer(s).

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376549

120

none

Condition No. 10 of the loan policy stipulates that, subject to condition No. 2, all liability of the Company [insurer] is terminated based on the:

Select the correct answer(s).

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376294

120

none

The ALTA 2006 form policy, which of the following is NOT a Covered Risk?

Select the correct answer(s).

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376550

120

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Loan Policy Covered Risk No. 11(b) protects against loss of lien priority over the lien of any:

Select the correct answer(s).

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376295

120

none

Under the loan policy, the Insured must transfer, assign, and convey to the Company [Insurer] the indebtedness and the insured mortgage, together with any collateral security:

Select the correct answer(s).

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376551

120

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Loan Policy Covered Risk No. 11(b) protects against loss of lien priority over the lien of any:

Select the correct answer(s).

(0/0)

376296

120

none

"The invalidity or unenforceability of any assignment of the insured mortgage, provided the assignment is shown in Schedule A, or the failure of the assignment shown in Schedule A to vest title to the insured mortgage in the named Insured assignee free and clear of all liens" is a ______under the loan policy.

Select the correct answer(s).

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376297

120

none

When permitted by state law, a title agent's authority to negotiate title insurance risk rates is established

Select the correct answer(s).

(0/0)

376553

120

none

Under the ALTA 2006 form policy, whenever the Company [Insurer] settles and pays a claim under the policy, it is ____ to the rights of the Insured Claimant in the title and all other rights and remedies in respect to the claim that the Insured Claimant has against any person or property, to the extent of the amount of any loss, costs, attorneys' fees, and expenses paid by the Company.

Select the correct answer(s).

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376298

120

none

Which of the following does NOT apply to a title commitment or binder?

Select the correct answer(s).

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376554

120

none

Which of the following is NOT shown on Schedule A of the title commitment?

Select the correct answer(s).

(0/0)

376555

120

none

Invalidity or unenforceability of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or consumer credit protection or the truth-in-lending law is a/an___under the loan policy

Title 7 Forms

Question 1 of 1

Time Left

Under the Alta 2006 form policy, Exclusion from Coverage No. 1(a)--"any law, ordinance, permit, or governmental regulation.... restricting, regulating, prohibiting, or relating to"-- reference all of the following EXCEPT

Select the correct answer(s).

(0/0)

Under the ALTA 2006 form policy, "Public Records" is defined as records established under state statutes at date of policy for the purpose of ____ relating to real property to purchasers for value and without knowledge.

Select the correct answer(s).

(0/0)

Under the Alta 2006 form policy, the term "mortgage" does NOT include:

Select the correct answer(s).

(0/0)

The ALTA 2006 commitment Conditions stipulates that the policy to be issued contains an arbitration clause. Arbitrable Matters, when the Amount of insurance is ______, are arbitrated at the option of either the Company [Insurer] or the Insured as the exclusive remedy of the parties.

Select the correct answer(s).

(0/0)

Condition No. 10 of the loan policy stipulates that, subject to condition No. 2, all liability of the Company [insurer] is terminated based on the:

Select the correct answer(s).

(0/0)

The ALTA 2006 form policy, which of the following is NOT a Covered Risk?

Select the correct answer(s).

(0/0)

Loan Policy Covered Risk No. 11(b) protects against loss of lien priority over the lien of any:

Select the correct answer(s).

(0/0)

Under the loan policy, the Insured must transfer, assign, and convey to the Company [Insurer] the indebtedness and the insured mortgage, together with any collateral security:

Select the correct answer(s).

(0/0)

Loan Policy Covered Risk No. 11(b) protects against loss of lien priority over the lien of any:

Select the correct answer(s).

(0/0)

Select the correct answer(s).

(0/0)

When permitted by state law, a title agent's authority to negotiate title insurance risk rates is established

Select the correct answer(s).

(0/0)

Select the correct answer(s).

(0/0)

Which of the following does NOT apply to a title commitment or binder?

Select the correct answer(s).

(0/0)

Which of the following is NOT shown on Schedule A of the title commitment?

Select the correct answer(s).

(0/0)

Invalidity or unenforceability of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or consumer credit protection or the truth-in-lending law is a/an___under the loan policy

Select the correct answer(s).

(0/0)

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