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1. A state tax lien filed in the county where the taxpayer owns property is
A) a lien against any property owned by the taxpayer in the county.
B) only a lien against the property described in the lien.
C) only a lien upon the sale of the property.
D) a lien that remains in force for a 3-year period.
2. All of the following are subject to false advertising regulations EXCEPT
A) circulars.
B) gifts.
C) letters.
D) statements.
3. An insurer fails to promptly provide a reasonable explanation for the denial of a claim as a general business practice. This is considered to be
A) a contractual liability.
B) an unfair insurance practice.
C) a violation of the grace period provision.
D) a fraudulent insurance act.
4. A chain of title is best described as
A) an opinion of title provided by an attorney.
B) a grantor/grantee index.
C) an historical record of liens on the property.
D) a series of conveyances of public record.
5. Which of the following can be licensed as a title insurance agent?
A) a legal entity
B) an officer of a title company
C) an approved attorney
D) an employee of a title company
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |
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