FL Title Exam Questions & Answers
The Purpose of the Tell them the loan policy does not protect them as an
Noltice to Purchaser- owner
Mortgagor is to:
Rate the minimum title $100
premium for a
$10,000 owner's title policy
What is the minimum risk $100
rate premium that can
be charged for an
owners policy?
An owners policy must be The premises
issued for a full insurable
value of:
What is the minimum risk $100
premium that may be
charged for a
mortgage title policy?
A mortgage title Full principal debt
insurance may NOT be
issued for less than
the:
What is the maximum 25%
percentage above the
full loan amoun t for
which a mortgagee
Title policy may be
issued, without an
Additional interest or
shared appreciated
endorsement?
,What is the reissue risk $100
premium for a
$25,000 owner policy?
The minimum risk rate $25
premium for
Simultaneous issue loan
policy shall be:
On a simultaneous Regular original title insurance rates for mortgage
issue transaction, the policies
risk premium on the
amount of the loan
Policy in excess of the
owners policy shall be
figured out at:
The minimum retention 30%
of title premium by title
insurers is:
Required retention of Monthly
title premium funds
must be remitted to
the insurer by the
agent at least:
Until the required Collected funds
retention of funds are
Remitted to the insurer by
agent, such funds are
considered:
Which is NOT a category Regulated Endorsements and or affirmative types
of endorsement coverages
And affirmative type
coverage provided for in
69O-186.005(7)(a)
, What endorsement Florida Form 9
can NOT be issued
without approval
from the department
(OIR)?
The risk rate premium for 10% of total policy premium
florida form 9
endorsement shall be:
Risk rate premium for 10% of total policy premium
Navigational servitude
endorsement shall
be:
Title insurance is limited to Coverage of real property
:
Individual escrow 3 years
records for each
transaction, in which
deposits and
disbursements are
made, must be
Maintained by the title
insurance agent for
what time period?
Monthly escrow 5 years
account
reconciliation
records must be
maintained for:
To qualify for title agent You must be currently employed within the title
licensure, which of the insurance industry.
following do not
apply?
The Purpose of the Tell them the loan policy does not protect them as an
Noltice to Purchaser- owner
Mortgagor is to:
Rate the minimum title $100
premium for a
$10,000 owner's title policy
What is the minimum risk $100
rate premium that can
be charged for an
owners policy?
An owners policy must be The premises
issued for a full insurable
value of:
What is the minimum risk $100
premium that may be
charged for a
mortgage title policy?
A mortgage title Full principal debt
insurance may NOT be
issued for less than
the:
What is the maximum 25%
percentage above the
full loan amoun t for
which a mortgagee
Title policy may be
issued, without an
Additional interest or
shared appreciated
endorsement?
,What is the reissue risk $100
premium for a
$25,000 owner policy?
The minimum risk rate $25
premium for
Simultaneous issue loan
policy shall be:
On a simultaneous Regular original title insurance rates for mortgage
issue transaction, the policies
risk premium on the
amount of the loan
Policy in excess of the
owners policy shall be
figured out at:
The minimum retention 30%
of title premium by title
insurers is:
Required retention of Monthly
title premium funds
must be remitted to
the insurer by the
agent at least:
Until the required Collected funds
retention of funds are
Remitted to the insurer by
agent, such funds are
considered:
Which is NOT a category Regulated Endorsements and or affirmative types
of endorsement coverages
And affirmative type
coverage provided for in
69O-186.005(7)(a)
, What endorsement Florida Form 9
can NOT be issued
without approval
from the department
(OIR)?
The risk rate premium for 10% of total policy premium
florida form 9
endorsement shall be:
Risk rate premium for 10% of total policy premium
Navigational servitude
endorsement shall
be:
Title insurance is limited to Coverage of real property
:
Individual escrow 3 years
records for each
transaction, in which
deposits and
disbursements are
made, must be
Maintained by the title
insurance agent for
what time period?
Monthly escrow 5 years
account
reconciliation
records must be
maintained for:
To qualify for title agent You must be currently employed within the title
licensure, which of the insurance industry.
following do not
apply?
