NEW JERSEY TITLE INSURANCE EXAM, NJ TITLE INSURANCE TEST BANK, TITLE INSURANCE LICENSING NJ, NJ EXAM QUESTIONS AND ANSWERS, TITLE PRODUCER NJ, TITLE INSURANCE CERTIFICATION, NJ TITLE LICENSING STUDY GUID

NEW JERSEY TITLE INSURANCE EXAM, NJ TITLE INSURANCE TEST BANK, TITLE INSURANCE LICENSING NJ, NJ EXAM QUESTIONS AND ANSWERS, TITLE PRODUCER NJ, TITLE INSURANCE CERTIFICATION, NJ TITLE LICENSING STUDY GUIDE
Question : Abandonment
CORRECT ANSWER: When a party in legal possession of
property leaves without the intention of reclaiming rights.
Question : Abstract of Title
CORRECT 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
Question : Acceleration Clause
CORRECT ANSWER: Mortgage Clause demanding full
payment upon Default.
Question : Accretion
CORRECT ANSWER: an increase of land caused by the
gradual depositing of solid material
Question : Adhesion Contract
CORRECT ANSWER: A non negotiable contract with
terms dictated by one party.
Question : Aleatory Contract
CORRECT ANSWER: A contract based upon Future
uncertain conditions.

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