Title Producer case studies
Title Producer · Put your knowledge to work in context.
The Title Producer License Examination is the licensing assessment that states use to decide whether a candidate may be licensed to solicit, sell, or negotiate title insurance and - depending on the state - to work as a title agent or escrow officer. Most states administer their own version, so the exam you sit for reflects your state's statutes, recording practices, rate regulation, and promulgated forms rather than a single national standard. The Title Producer case studies are 5 cases and about 4,227 words.
1The Buyer Who Thought the Lender's Policy Was Hers
Okafor is buying a 1958 ranch for 410,000 with 20 percent down. At closing the settlement agent quotes 1,350 for a lender's policy and 475 for a simultaneous owner's policy.
791 words, about 4 min2Four Encumbrances, Twelve Days, and a 1031 Deadline
A seller contracts to sell a warehouse for 780,000, closing in 12 days. The title commitment lists: (1) a 46,000 judgment entered against the seller 14 months ago in the county where the property is located; (2) a 62,000 mechanics' lien recorded 30 days ago by a roofer for work completed 8 months ago; (3) 9,400 in unpaid homeowners' association assessments, four quarters delinquent, plus $1,200 in fines; and (4) the current-year county property tax bill, not yet payable.
871 words, about 4 min3The Lot That Was 100 Feet Wide
An examiner is asked to approve a $520,000 sale on a 65-year search of Lot 14, Block 3, Ridgeline Addition. Findings: (1) the plat shows Lot 14 is 100 feet wide; (2) a 1978 deed conveyed Lot 14 to the seller's parents; (3) the father died intestate in 1990; (4) the mother conveyed in 1995 by a deed describing "the West 80 feet of Lot 14" and reciting that she was the grantor's sole heir; (5) a 2015 deed of trust, given by a name that appears nowhere in the chain, is recorded against "Lot 14"; and (6) a 2003 oil and gas lease from a former owner is of record.
903 words, about 5 min4The Garage That Crosses the Line
Six months after closing, an insured submits a claim on an owner's policy. Two problems: her neighbor's detached garage straddles the boundary by 3.2 feet, and a county notice alleges the prior owner's 2019 rear addition sits 4 feet inside the 25-foot rear setback and may have to be removed.
836 words, about 4 min5Changed Wire, Unrecorded POA, Expired Payoff
A settlement agent is closing a 390,000 cash-out refinance. she receives an email from "the borrower's realtor" giving revised wire instructions for the 312,000 payoff to the existing lender; the account name differs from the payoff statement by one word ("Holdings" versus "Holding").
826 words, about 4 min