Question 1

Choose the one most appropriate answer for each.
-a summary of all recorded documents affecting title to a given parcel of land

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 2

Choose the one most appropriate answer for each.
-a person authorized to take acknowledgements

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 3

Choose the one most appropriate answer for each.
-a report made by a title insurance company showing current title condition

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 4

Under the Torrens system, once a title is registered , any subsequent liens or encumbrances against it must be entered on the registrar's copy in order to give constructive notice.

Accepted Answer

A) True 
 B)False

Question 5

Choose the one most appropriate answer for each.
-a statement as to the ownership of a property that is made by an attorney after reading the abstract

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 6

A person interested in a property is held by law to be responsible for making further inquiry of anyone giving visible or recorded notice. This is called "inquiry notice."

Accepted Answer

A) True 
 B)False

Question 7

Choose the one most appropriate answer for each.
-court-ordered hearings held to determine land ownership

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 8

A report on the claims to title is prepared. It contains a listing of the full chain of title for 80 years. It concludes with a statement of an attorney stating the current condition of the title and who presently has claim to it. In most states this document would be known as a

Accepted Answer

A)  title report. 
B)  certificate of title. 
C)  jurat. 
D)  abstract of title. 
A)  title report. 
B)  certificate of title. 
C)  jurat. 
D)  abstract of title.

Question 9

Choose the one most appropriate answer for each.
-knowledge gained from what one has seen, heard, read, or observed

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 10

A standard owner's title insurance policy covers

Accepted Answer

A)  forgery and impersonation. 
B)  matters a prudent buyer could discover on their own. 
C)  water rights. 
D)  government restrictions. 
A)  forgery and impersonation. 
B)  matters a prudent buyer could discover on their own. 
C)  water rights. 
D)  government restrictions.

Question 11

A lender wanting title insurance coverage on a property it is taking as collateral would ask for

Accepted Answer

A)  an owner's title policy. 
B)  a mortgagee's title policy. 
C)  a mortgagor's title policy. 
D)  a buyer's policy. 
A)  an owner's title policy. 
B)  a mortgagee's title policy. 
C)  a mortgagor's title policy. 
D)  a buyer's policy.

Question 12

Choose the one most appropriate answer for each.
-a title defect

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 13

An abstract of title is a summary of all deeds or other documents dealing with the transfer of ownership.

Accepted Answer

A) True 
 B)False

Question 14

A report made by a title insurance company showing current title condition is called a _________________________.

Accepted Answer

The answer of A report made by a title insurance...

Question 15

Notice of ownership given by one's presence on his land is called

Accepted Answer

A)  constructive notice. 
B)  public notice. 
C)  inquiry notice. 
D)  attendant notice. 
A)  constructive notice. 
B)  public notice. 
C)  inquiry notice. 
D)  attendant notice.

Question 16

Choose the one most appropriate answer for each.
-reduced rates offered by some title companies if previous owner's policy is available

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 17

Choose the one most appropriate answer for each.
-notice given by public records or by visible possession coupled with the legal presumption that all persons are thereby notified

Accepted Answer

A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness 
A) abstract of title 
B) abstracter 
C) actual notice 
D) certificates of title 
E) constructive notice
F)inquiry notice
G)judgment rolls
H)lender's policy
I)lis pendens index
J)notary public
K)opinion of title
L)owner's policy
M)quiet title suit
N)reissue rates
O)title cloud
P)title plant
Q)title report
R)tract index
S)vested
T)witness

Question 18

A man bought a home two years ago and sold it a year later. You would expect to find his name and a reference to the home in the mortgagee index.

Accepted Answer

A) True 
 B)False

Question 19

Prior to enactment of the Statute of Frauds in 1677 a landowner gave notice to the world of his claim to ownership by visibly occupying the land.

Accepted Answer

A) True 
 B)False

Question 20

An acknowledgement can be witnessed by a notary public

Accepted Answer

A)  in person. 
B)  by mail. 
C)  by fax. 
D)  by proxy. 
A)  in person. 
B)  by mail. 
C)  by fax. 
D)  by proxy.

Exam 5: Recordation Abstracts and Title Insurance

Choose the one most appropriate answer for each. -a summary of all recorded documents affecting title to a given parcel of land

Choose the one most appropriate answer for each. -a person authorized to take acknowledgements

Choose the one most appropriate answer for each. -a report made by a title insurance company showing current title condition

Under the Torrens system, once a title is registered , any subsequent liens or encumbrances against it must be entered on the registrar's copy in order to give constructive notice.

Choose the one most appropriate answer for each. -a statement as to the ownership of a property that is made by an attorney after reading the abstract

A person interested in a property is held by law to be responsible for making further inquiry of anyone giving visible or recorded notice. This is called "inquiry notice."

Choose the one most appropriate answer for each. -court-ordered hearings held to determine land ownership

A report on the claims to title is prepared. It contains a listing of the full chain of title for 80 years. It concludes with a statement of an attorney stating the current condition of the title and who presently has claim to it. In most states this document would be known as a

Choose the one most appropriate answer for each. -knowledge gained from what one has seen, heard, read, or observed

A standard owner's title insurance policy covers

A lender wanting title insurance coverage on a property it is taking as collateral would ask for

Choose the one most appropriate answer for each. -a title defect

An abstract of title is a summary of all deeds or other documents dealing with the transfer of ownership.

A report made by a title insurance company showing current title condition is called a _________________________.

Notice of ownership given by one's presence on his land is called

Choose the one most appropriate answer for each. -reduced rates offered by some title companies if previous owner's policy is available

Choose the one most appropriate answer for each. -notice given by public records or by visible possession coupled with the legal presumption that all persons are thereby notified

A man bought a home two years ago and sold it a year later. You would expect to find his name and a reference to the home in the mortgagee index.

Prior to enactment of the Statute of Frauds in 1677 a landowner gave notice to the world of his claim to ownership by visibly occupying the land.

An acknowledgement can be witnessed by a notary public

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