State Portion of Title Producer Exam
Comprehensive Questions with 100% CORRECT
Answers
Title insurance producer independent contractor means a person is all of these except:
A. Is licensed to act as a title insurance producer.
B. Is distinguished from another business, occupation, or person.
C. Provides escrow , closing, or settlement services that may result in issuance of a title insurance
contract as an independent contractor for, or on behalf of , a license and appointed title insurance
producer.
D. Is not an employee of or associated with, the licensed and appointed title insurance producer. - ---
B. Is distinguised from another business, occupaton, or person.
\d2. Title insurance producers may not convert or misappropriate funds held in escrow or trust
while:
A. Soliciting, procuring, or negotiations title insurance contracts.
B. Performing escrow, closing, and settlement services.
C. A title insurer
D. A and B
E. B and C
F. C and A
G. All of the above. - ---D. A and B
\d3. A bond or letter of credit required in addition to meeting any applicable requirements for a
license to act as and insurance producer under this subtitle, a sole proprietor, a limited liability
company, a partnership, or a corporate applicant for a license as a title insurance producer shall file
file with commissioner:
A. A blanket fidelity bond covering appropriate employees and title insurance producer independent
contractors.
B. Notary commission.
C. A blanket surety bond
D. A letter of credit.
E. A, B, and C.
F. B, C, and D.
Comprehensive Questions with 100% CORRECT
Answers
Title insurance producer independent contractor means a person is all of these except:
A. Is licensed to act as a title insurance producer.
B. Is distinguished from another business, occupation, or person.
C. Provides escrow , closing, or settlement services that may result in issuance of a title insurance
contract as an independent contractor for, or on behalf of , a license and appointed title insurance
producer.
D. Is not an employee of or associated with, the licensed and appointed title insurance producer. - ---
B. Is distinguised from another business, occupaton, or person.
\d2. Title insurance producers may not convert or misappropriate funds held in escrow or trust
while:
A. Soliciting, procuring, or negotiations title insurance contracts.
B. Performing escrow, closing, and settlement services.
C. A title insurer
D. A and B
E. B and C
F. C and A
G. All of the above. - ---D. A and B
\d3. A bond or letter of credit required in addition to meeting any applicable requirements for a
license to act as and insurance producer under this subtitle, a sole proprietor, a limited liability
company, a partnership, or a corporate applicant for a license as a title insurance producer shall file
file with commissioner:
A. A blanket fidelity bond covering appropriate employees and title insurance producer independent
contractors.
B. Notary commission.
C. A blanket surety bond
D. A letter of credit.
E. A, B, and C.
F. B, C, and D.
