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Alta Ttile 101 Chapter 2 Quiz

A sleek classroom setting where a diverse group of students engages with title insurance materials, modern and historical documents on desks, with an air of collaboration and learning.

Master Title Assurance Quiz

Test your knowledge of title assurance and related concepts with our engaging quiz. This quiz covers key historical developments, contemporary practices, and important laws governing title assurance.

8 challenging multiple-choice questions
Learn about the evolution of title assurance
Perfect for students and professionals alike

8 Questions2 MinutesCreated by DivingTitle9

What Is Title assurance?

Indemnity against loss resulting from defects in or liens upon a title

Assurance of title afforded by abstracts, attorney's opinions, title insurance, and surveys.

Synonymous with Title Insurance

Not needed for real property

By the end of nineteenth century, more than one-half of the nations population was concentrated in what part of the country?

Rural Areas

Urban Areas

California

States west of the Mississippi

How do the earliest forms and mediums of title assurance compare with title assurance today?

The earliest froms and mediums of title assurance were simple and unsophisticated.

Title assurance, over the centuries, has evolved and grown.

Higher uses of real estate have resulted in more complex title complications

All of the above.

The first Recording law in this county was enacted in what state?

Pennsylvania

Massachusetts

Connecticut

New Hampshire

Of the following statements, which is true about our recording laws?

They were patterned after english laws.

They have one known foreign prototype

They were important steps toward the improvement of title assurance

We use a Unviersal torrens system, like Australia

People engaged in providing title assurance are called, in various localities, which of the following?

Conveyancers

Abstracters

Searchers

All of the above

Why was the reliability of land title assurance eroded over the years?

The complexities of land titles

The hazards invovled

The comparison to personal property titles

All of the above

Which of the following Statements about title insurance is NOT true?

Title insurance was quickly adopted throughout the nation

Title Insurance is the culmination of the evolutionary development of title assurance

Title Insurance shifts the focus from the infallibility of individuals to corporate indemnity

Title Insurance provides the most secure form of title assurance yet devised.

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