When a producer takes over the business of a deceased licensee, the regulator provides a temporary license to keep operations going while a permanent arrangement is established. This temporary license lasts 180 days. The idea is to give the new operator enough time to wrap up ongoing transactions, notify clients, and complete the steps necessary to obtain a full, permanent license, all while ensuring continuity and client protection. Shorter periods (like 60 or 90 days) might not be enough to finish pending deals, and a much longer period isn’t the standard approach.

Standard title insurance protects against defects in the title that existed at the date the policy is issued, even if those problems aren’t discovered until after closing. So post-closing title defects that stem from a title issue that existed at the policy date are covered by the standard policy. That’s why the statement is false. Coverage isn’t about when the defect is discovered; it’s about whether the defect existed on the policy date. If a defect arises entirely after closing and wasn’t present at policy time, it may not be covered without an endorsement or rider.

When a parcel has no other access to a public road, the law can create an easement to provide that essential passage. This is an easement by necessity, created by operation of law because the landlocked property needs a way to reach a public thoroughfare to be usable. This type of easement is typically attached to the land (the dominant parcel) and runs with the property, burdening the neighboring land (the servient parcel). It isn’t granted by a deed or agreement, and it isn’t simply a personal right. In contrast, a license is a temporary permission to use someone else’s land and can be revoked; an easement in gross benefits a person or entity rather than a parcel of land and doesn’t necessarily run with the land; an appurtenant easement is attached to a parcel and benefits another parcel, but the scenario described—lack of access leading to a created right—specifically describes an easement by necessity.

Implied authority is the power the principal intends the agent to have, even though it isn’t explicitly granted in writing or spoken words. It’s inferred from the agency relationship, the agent’s duties, and what’s necessary to carry out the express instructions or customary in the business. For a title agent, this means actions that are usual and reasonably necessary to accomplish the task the principal assigns, even if those actions aren’t called out in a contract. This sits under actual authority, which includes express authority (explicitly granted) and implied authority (not expressly granted but inferred). Apparent authority, by contrast, comes from how a third party perceives the agent’s power based on the principal’s representations, not from the principal’s intent to grant specific powers.