Ncs Or Policy Requirements - Follow Up
5 Questions
| Total Attempts: 47
This is the follow-up test for the OR Policy Requirement ACTION plan.
Questions and Answers
- 1.When issuing a commitment with a request for a Standard Owner's Policy with an Extended Lender's Policy - which preprinted lettered requirements need to be checked? (Mark all that apply)
- A.
I
- B.
H
- C.
J
- D.
N
- E.
P
- 2.When issuing a prelim with a request for an Alta Extended Lender's Policy... what are the last 3 codes to be shown on the report? (Mark all that apply)
- A.
L/9
- B.
X/2
- C.
X/6
- D.
L/8
- E.
X/7
- 3.If Eagle coverage is requested, the procedure for extended policies should be followed.
- A.
True
- B.
False
- 4.If no specific policy is requested, then:
- A.
Show standard exceptions
- B.
Don't show any policy codes
- C.
Backplant the file for verification
- D.
Show extended exceptions
- E.
Show all requirement codes
- 5.Which of the following codes shouwl be the last code shown on a prelim when an Alta Extended Owner's Policy is requested?
- A.
X/1
- B.
L/7
- C.
X/2
- D.
L/9
- E.
X/3
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