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MLTA Study Guide
Updated 10/28/2013
The Resident Agent Examination for Title Insurance
consists of 60 to 65 multiple choice questions
covering topics and regulations set forth on the
Michigan Title Insurance Content Outline.
The Content Outline indicates the approximate
number of questions that will appear on the
examination for each general topic. It also provides
references for reviewing specific topics. This Study
Guide is intended to supplement the references
noted on the outline.
You must get 73% correct to pass.
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The Appendix includes sample policy forms, Insurance Department
Bulletin examples; additional information regarding land descriptions,
relevant Land Title Standards and recording statutes, regulatory
environment information.
The Candidate Handbook published by the State of Michigan contains
information regarding insurance licensing and registering for the licensing
examination. Candidate Handbooks and Applications for a resident agent
license can be obtained contacting PSI (the State’s 3rd Party Provider for
testing potential licensee’s) – information is on the state’s website for
OFIS – under insurance licensing.
State Web Site –
Licensing & Exam Information
For more information about Licensing and Exam
Locations/Times/Forms, etc. visit http://www.michigan.gov/difs
Dept. of Insurance & Financial Services – DIFS
On the left hand side of page – click on:
Licensing
Under Insurance – click on: Producer/Individual Insurance
Here
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State Web Site –
Licensing & Exam Information
Then click on: How to become licensed as a Resident Producer
Here
Note… there is a link to “Insurance Producer Application Background
Questions: What You Need to Know Before You Apply
State Web Site –
Licensing & Exam Information
When you are ready to take the exam go to:
http://www.psiexams.com to schedule for the exam.
You will want to schedule for Title Insurance Producer/Solicitor Series 16-77
When you schedule your appointment, you should be prepared to provide any of the following information:
•
The name used to schedule your appointment must exactly match the name shown on your ID
At a minimum, the identification must be a valid, government-issued ID that shows your name in the
English alphabet, your signature, your photograph.
•
•
Your Social Security, or Licensing Authority/Sponsor issued I.D. Number
Contact phone numbers
•
Mailing address
•
•
Eligibility information, if required
E-mail address
If there is an unexpected event, they will use these numbers to contact you
Please provide the address to which you would like your score report or other important information mailed
Once again for contact purposes, this is often the fastest and most effective means of communication
Many licensing authorities or sponsors require e-mail contact information for registration
•
Method of payment, via Mastercard, Visa, at the website
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State Web Site –
Licensing & Exam Information
Know…
• You need to schedule 1 day in advance
Re-schedule 2 days in advance
Cancel 2 days in advance
• The examination fee is $40.00
Retake fee is $40.00
This fee can be paid via Mastercard, Visa, at the website.
State Web Site –
Licensing & Exam Information
You the Tester will find out right after the test
(after the 60 minutes) if You passed or failed.
You will not be told your score if you Passed… just that you Passed.
The Testing Center will provide you your report.
This report is important… keep it.
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State Web Site –
Licensing & Exam Information
Then you go to – http://nipr.com
Click
Type of application
State
Resident or Non-Res.
Business or Individual
Apply for License
New License
Michigan
Resident
Individual
Scroll to bottom and click on [Continue]
Scroll to bottom and click on [Accept]
Begin you process to apply for your License.
Note the Fee is $10.00 paid via Mastercard, Visa, at the website.
State Web Site –
Licensing & Exam Information
In a few days you will receive your
State of Michigan License - Title Insurance Producer
Once your License is received –
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You should make a copy for your Human Resources file
Make a copy for your Title Agents’ - ALTA Best Practices binder
Work with your Title Agency to be appointed to all current Underwriters of the Title Agency
Do this by emailing the appropriate contact at each Underwriter.
Your Title Agency should fill out DFIS’s form
“Insurance Business Entity Affiliate Disclosure” - form (FIS 0200).
All Licensed Employees that are Licensed, MUST be affiliated under the Agency license
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