CHCP Study Guide 2026
Everything you need to pass the CHCP exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CHCP Exam Format at a Glance
📚 CHCP Topics to Study (69)
✍️ Sample CHCP Questions & Answers
1. Which type of deed is most commonly used to convey commercial property and provides the broadest seller warranties?
A General Warranty Deed provides the buyer with the strongest protection, as the seller warrants title against all defects, even those arising before the seller's ownership.
2. A buyer discovers after closing that a neighbor's fence encroaches 2 feet onto the purchased property. What type of survey would have most likely identified this issue before closing?
An ALTA/NSPS Land Title Survey provides the most comprehensive boundary and encroachment information required by title insurers.
3. Which ALTA policy form is specifically designed to protect residential homeowners with enhanced coverage beyond the standard policy?
The ALTA Homeowner's Policy provides expanded coverage including post-policy risks like building permit violations, zoning law violations, and neighbor encroachments.
4. In a residential closing, the term 'consummation' under TRID specifically refers to:
Under TRID, consummation is the moment the consumer becomes contractually obligated on the credit transaction, usually the loan signing date.
5. When a digital closing platform sends automated status updates via API to a lender's LOS, what integration standard is most commonly used?
Modern closing platforms integrate with Loan Origination Systems via RESTful APIs using MISMO-compliant data formats, enabling real-time status updates and document exchange.
6. On the Closing Disclosure, the cash to close amount reflects:
Cash to close is calculated as the total closing costs plus the down payment, minus any lender credits, seller concessions, and deposits already paid.