NJ Title Insurance Exam | Questions with 100%
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2026
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Practice questions for this set
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fine for each violation of cease and desist orders
Choose an answer
1 Abandonment 2 $5000
3 ADVERSE POSSESSION 4 tenancy in common
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Terms in this set (193)
,Abandonment when someone with legal possession of
property leaves without intention of reclaiming
rights
abstract of title A summary of the title history including all
encumbrances.
Acceleration clause Mortgage clause demanding full payment
upon default
accretion New land added by the elements, such as a
river delta
Accrued Depreciation Total of all deterioration and obsolescence on
a property
Acknowledgment witnessing of an instrument by an officer of the
court
Actual Authority Authority directly by contract
Adjustable Rate Mortgage (ARM) Interest rates fluctuate based on a
predetermined measurement of the
marketplace and time period
ADHESION CONTRACT A non negotiable contract with terms dictated
by one company
ADMINISTRATOR Appointed by the court to execute the estate
of an intestate
, ADMINISTRATOR'S DEED Transfers title of an intestate by the
administrator
AD VALOREMTAXES Based on property value as the general
assessment tax
ADVERSE POSSESSION Claim to title through continuous, open and
hostile occupancy
AFFIDAVIT OF TITLE A sworn statement of ownership by the seller
at closing. immediately on default
agency Principal and agent agreement, allowing the
agent to represent the principal's interest in
dealing with third parties.
agreement of sale Contract for the sale of real estate
air rights rights to space above the property
Aleatory Contract A contract based upon future uncertain
conditions
Alien Title A company formed under laws of another
nation
ALIENATION CLAUSE A provision in a mortgage requiring full
payment of the debt upon the transfer of title
to the property, due on sale. Prevents loan
assumptions.
Correct Answers | Verified | Latest Update
2026
Save
Practice questions for this set
Learn 1 /7 Study using Learn
fine for each violation of cease and desist orders
Choose an answer
1 Abandonment 2 $5000
3 ADVERSE POSSESSION 4 tenancy in common
Don't know?
Terms in this set (193)
,Abandonment when someone with legal possession of
property leaves without intention of reclaiming
rights
abstract of title A summary of the title history including all
encumbrances.
Acceleration clause Mortgage clause demanding full payment
upon default
accretion New land added by the elements, such as a
river delta
Accrued Depreciation Total of all deterioration and obsolescence on
a property
Acknowledgment witnessing of an instrument by an officer of the
court
Actual Authority Authority directly by contract
Adjustable Rate Mortgage (ARM) Interest rates fluctuate based on a
predetermined measurement of the
marketplace and time period
ADHESION CONTRACT A non negotiable contract with terms dictated
by one company
ADMINISTRATOR Appointed by the court to execute the estate
of an intestate
, ADMINISTRATOR'S DEED Transfers title of an intestate by the
administrator
AD VALOREMTAXES Based on property value as the general
assessment tax
ADVERSE POSSESSION Claim to title through continuous, open and
hostile occupancy
AFFIDAVIT OF TITLE A sworn statement of ownership by the seller
at closing. immediately on default
agency Principal and agent agreement, allowing the
agent to represent the principal's interest in
dealing with third parties.
agreement of sale Contract for the sale of real estate
air rights rights to space above the property
Aleatory Contract A contract based upon future uncertain
conditions
Alien Title A company formed under laws of another
nation
ALIENATION CLAUSE A provision in a mortgage requiring full
payment of the debt upon the transfer of title
to the property, due on sale. Prevents loan
assumptions.
