Ncs Or Policy Requirements - Follow Up

5 Questions | Total Attempts: 47

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Policy Quizzes & Trivia

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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