Page 1 of 64
NJ TITLE INSURANCE LATEST EXAM 2025 WITH REAL
QUESTIONS AND CORRECT ANSWERS | ALREADY
GRADED A+
Abandonment .......ANSWER......When a party in legal possession
of property leaves without the intention of reclaiming rights.
Abstract of Title .......ANSWER......A brief history of the instruments
appearing in the county record that affect title to the parcel in
question.
Condensed history of all documents affecting a parcel of real
estate
Acceleration Clause .......ANSWER......Mortgage Clause
demanding full payment upon Default.
Accretion .......ANSWER......an increase of land caused by the
gradual depositing of solid material
,Page 2 of 64
Adhesion Contract .......ANSWER......A non negotiable contract
with terms dictated by one party.
Aleatory Contract .......ANSWER......A contract based upon Future
uncertain conditions.
Administrators Deed .......ANSWER......Transfers Title of an
intestate by the administrator.
Easement by Prescription .......ANSWER......Someone has used
another persons land for a certain period of time as defined by
state law
(20 years in NJ)
Air Rights .......ANSWER......Rights to space above a property
Belonging to owner of land below
Feudal System .......ANSWER......Government owns all property
and individuals get rights.
,Page 3 of 64
Fiduciary .......ANSWER......A person or organization that acts on
behalf of another person to manage assets
Foreclosure .......ANSWER......To seize and sell property pledged
for a debt
A forced sale of property to satisfy a lien.
Alluvion .......ANSWER......Solid material deposited by a body of
water
Freehold Estate .......ANSWER......An interest in real property
whose length cannot be determined in advance
Estates of indeterminable length - a person may OWN that
estate for a lifetime or forever
ex: Fee simple ; fee determinable ; life estate
Avulsion .......ANSWER......Sudden change of course of a stream
, Page 4 of 64
Joint Tenancy .......ANSWER......two or more people own property
; nonmarried persons with right of survivorship
ALTA .......ANSWER......American Land Title Association
Usury .......ANSWER......Charging more than (unusually high) the
legal limit on interest.
Appraisal .......ANSWER......A defensible estimate of value by an
expert under given market conditions.
Life Estate .......ANSWER......Granting of a lifetime interest in the
property without the right to transfer title.
Complete ownership until someone's death
Ingress And Egress .......ANSWER......The means to gain entrance
into or to an exit from a property
NJ TITLE INSURANCE LATEST EXAM 2025 WITH REAL
QUESTIONS AND CORRECT ANSWERS | ALREADY
GRADED A+
Abandonment .......ANSWER......When a party in legal possession
of property leaves without the intention of reclaiming rights.
Abstract of Title .......ANSWER......A brief history of the instruments
appearing in the county record that affect title to the parcel in
question.
Condensed history of all documents affecting a parcel of real
estate
Acceleration Clause .......ANSWER......Mortgage Clause
demanding full payment upon Default.
Accretion .......ANSWER......an increase of land caused by the
gradual depositing of solid material
,Page 2 of 64
Adhesion Contract .......ANSWER......A non negotiable contract
with terms dictated by one party.
Aleatory Contract .......ANSWER......A contract based upon Future
uncertain conditions.
Administrators Deed .......ANSWER......Transfers Title of an
intestate by the administrator.
Easement by Prescription .......ANSWER......Someone has used
another persons land for a certain period of time as defined by
state law
(20 years in NJ)
Air Rights .......ANSWER......Rights to space above a property
Belonging to owner of land below
Feudal System .......ANSWER......Government owns all property
and individuals get rights.
,Page 3 of 64
Fiduciary .......ANSWER......A person or organization that acts on
behalf of another person to manage assets
Foreclosure .......ANSWER......To seize and sell property pledged
for a debt
A forced sale of property to satisfy a lien.
Alluvion .......ANSWER......Solid material deposited by a body of
water
Freehold Estate .......ANSWER......An interest in real property
whose length cannot be determined in advance
Estates of indeterminable length - a person may OWN that
estate for a lifetime or forever
ex: Fee simple ; fee determinable ; life estate
Avulsion .......ANSWER......Sudden change of course of a stream
, Page 4 of 64
Joint Tenancy .......ANSWER......two or more people own property
; nonmarried persons with right of survivorship
ALTA .......ANSWER......American Land Title Association
Usury .......ANSWER......Charging more than (unusually high) the
legal limit on interest.
Appraisal .......ANSWER......A defensible estimate of value by an
expert under given market conditions.
Life Estate .......ANSWER......Granting of a lifetime interest in the
property without the right to transfer title.
Complete ownership until someone's death
Ingress And Egress .......ANSWER......The means to gain entrance
into or to an exit from a property
