MD TITLE INSURANCE PRODUCER LICENSE
COMPREHENSIVE STUDY GUIDE 2026
QUESTIONS WITH CORRECT SOLUTIONS
GRADED A+
◉Tenants by the Entirety. Answer: type of joint tenancy of property
that provides extra protections for married persons.
◉Co-Tenancy Issues. Answer: In Maryland, co-tenancy exists when a
property is owned as joint tenants, tenants in
common or tenants by the entirety.
◉Fee simple. Answer: is an estate in land that constitutes the
highest form of ownership in land. It represents an ownership in
property with the right of unconditional and full power of
disposition during the owner's lifetime.
◉Leasehold Estate. Answer: is one in which ground rent is
established on a lot and the improvements on it.
Not fee simple
(Ground Rent Applies - Redeem From SDAT)
,◉Jack and Jill own property together as tenants by the entirety. Jack
and Jill divorced. By operation of law, the tenancy is now. Answer:
Tenants in common
◉A life estate. Answer: is an interest created for the term of a
person's life. The
interest ends at death then goes to a remainderman by operation of
law.
◉Revocable Trust. Answer: a living trust that can be altered until the
death of the individual for whom it was established
◉Irrevocable Trust. Answer: Cannot be changed once it is finalized
◉Riparian rights. Answer: allow a property owner whose property
is adjacent to a body of water to have the right to make reasonable
use of it.
◉The Real Estate Settlement Procedures Act (RESPA). Answer: ) is a
consumer protection statute, first passed in 1974. It requires that
borrowers receive disclosures at various times. The purpose is to
help consumers become better shoppers for settlement services and
to eliminate kickbacks and referral fees that unnecessarily increase
the costs of certain
Settlement service.
, ◉A general warranty deed. Answer: type of deed where the
grantor/transferor/seller guarantees or warrants that he or she
holds clear title and has a right to transfer the
property.
◉special warranty deed. Answer: -A special warranty deed provides
the buyer with some guarantees about title, but it does not offer
complete protection
-the grantor only covenants to warrant and defend the title against
claims and demands by him or her and all persons claiming by
*most common deed used in Maryland.
◉quitclaim deed. Answer: the grantor disclaims any interest that he
may have in real property and passes that claim to the grantee. It
does not provide any warranties of title.
◉Trustee's deed.. Answer: In matters of bankruptcies, foreclosures
and trusts, it may be necessary for the trustee to convey land. When
conveying property in trust, the trustee generally uses this
◉Foreclosure Proceedings in Maryland. Answer: the lender is
required to:
• Wait 90 days from the date that a loan is in default
COMPREHENSIVE STUDY GUIDE 2026
QUESTIONS WITH CORRECT SOLUTIONS
GRADED A+
◉Tenants by the Entirety. Answer: type of joint tenancy of property
that provides extra protections for married persons.
◉Co-Tenancy Issues. Answer: In Maryland, co-tenancy exists when a
property is owned as joint tenants, tenants in
common or tenants by the entirety.
◉Fee simple. Answer: is an estate in land that constitutes the
highest form of ownership in land. It represents an ownership in
property with the right of unconditional and full power of
disposition during the owner's lifetime.
◉Leasehold Estate. Answer: is one in which ground rent is
established on a lot and the improvements on it.
Not fee simple
(Ground Rent Applies - Redeem From SDAT)
,◉Jack and Jill own property together as tenants by the entirety. Jack
and Jill divorced. By operation of law, the tenancy is now. Answer:
Tenants in common
◉A life estate. Answer: is an interest created for the term of a
person's life. The
interest ends at death then goes to a remainderman by operation of
law.
◉Revocable Trust. Answer: a living trust that can be altered until the
death of the individual for whom it was established
◉Irrevocable Trust. Answer: Cannot be changed once it is finalized
◉Riparian rights. Answer: allow a property owner whose property
is adjacent to a body of water to have the right to make reasonable
use of it.
◉The Real Estate Settlement Procedures Act (RESPA). Answer: ) is a
consumer protection statute, first passed in 1974. It requires that
borrowers receive disclosures at various times. The purpose is to
help consumers become better shoppers for settlement services and
to eliminate kickbacks and referral fees that unnecessarily increase
the costs of certain
Settlement service.
, ◉A general warranty deed. Answer: type of deed where the
grantor/transferor/seller guarantees or warrants that he or she
holds clear title and has a right to transfer the
property.
◉special warranty deed. Answer: -A special warranty deed provides
the buyer with some guarantees about title, but it does not offer
complete protection
-the grantor only covenants to warrant and defend the title against
claims and demands by him or her and all persons claiming by
*most common deed used in Maryland.
◉quitclaim deed. Answer: the grantor disclaims any interest that he
may have in real property and passes that claim to the grantee. It
does not provide any warranties of title.
◉Trustee's deed.. Answer: In matters of bankruptcies, foreclosures
and trusts, it may be necessary for the trustee to convey land. When
conveying property in trust, the trustee generally uses this
◉Foreclosure Proceedings in Maryland. Answer: the lender is
required to:
• Wait 90 days from the date that a loan is in default
