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FL TITLE EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS The Purpose of the Noltice to Purchaser-Mortgagor is to: - Answer -Tell them the loan policy does not protect them as an owner Rate the minimum title premium for a $10,000 owner's titl...
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| Uploaded on: | October 31, 2025 |
| Last updated: | October 31, 2025 |
| Number of pages: | 46 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | FL TITLE EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS The Purpose of the Noltice to Purchaser-Mortgagor is to: - Answer -Tell them the loan policy does not protect them as an owner Rate the minimum title premium for a $10,000 owner's title policy - Answer -$100 What is the minimum risk rate premium that can be charged for an owners policy? - Answer -$100 |
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FL TITLE EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS The Purpose of the Noltice to Purchaser-Mortgagor is to: - Answer -Tell them the loan policy does not protect them as an owner Rate the minimum title premium for a $10,000 owner's title policy - Answer -$100 What is the minimum risk rate premium that can be charged for an owners policy? - Answer -$100 An owners policy must be issued for a full insurable value of: - Answer -The premises What is the minimum risk premium that may be charged for a mortgage title policy? - Answer -$100 A mortgage title insurance may NOT be issued for less than the: - Answer -Full principal debt what is the maximum percentage above the full loan amoun t for which a mortgagee title policy may be issued, without an additional interest or shared appreciated endorsement? - Answer -25% what is the reissue risk premium for a $25,000 owner policy? - Answer -$100 The minimum risk rate premium for simultaneous issue loan policy shall be: - Answer -$25 Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com On a simultaneous issue transaction, the risk premium on the amount of the loan policy in excess of the owners policy shall be figured out at: - Answer -regular original title insurance rates for mortgage policies the minimum retention of title premium by title insurers is: - Answer -30% required retention of title premium funds must be remitted to the insurer by the agent at least: - Answer -monthly Until the required retention of funds are remitted to the insurer by agent, such funds are considered: - Answer -collected funds Which is NOT a category of endorsement and affirmative type coverage provided for in 69O-186.005(7)(a) - Answer -Regulated Endorsements and or affirmative types coverages what endorsement can NOT be issued without approval from the department (OIR)? - Answer -Florida Form 9 The risk rate premium for florida form 9 endorsement shall be: - Answer -10% of total policy premium risk rate premium for Navigational servitude endorsement shall be: - Answer -10% of total policy premium title insurance is limited to : - Answer -coverage of real property Individual escrow records for each transaction, in which deposits and disbursements are made, must be maintained by the title insurance agent for what time period? - Answer -3 years Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com