The normal penalty that I have seen if you are sued is that they serve the Secretary of State instead of you, as you have no registered agent in that state to accept service, and you are not allowed to admit evidence in a case, but you can can cross examine, until you do register. 

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

.- RemodelingIf you think of remodeling the house, do examine the house closely.

Buying title insurance is not about having someone to pay the claim after the fact, it's about having knowledgeable people search and examine the title to try to avoid the problem. 

It is examining one premium in isolation.

A title insurance policy is risk avoidance policy, that's why the title company does a title search and as or more importantly, an examination of the documents that are found in the search.  

I'm preparing to take my licensing exam in the next couple of weeks and have been looking into eXp as a potential sponsoring broker.

Don't go thinking that there is a brokerage out there that will make the difference for you- if you aren't making magic happen in the first year, you need to re examine your approach. 

How to examine Land quality, soil/ mineral use, if land is in sink hole, liquefaction zone risk

This might lead to a sticky situation upon audit or examination, particularly if the three year statute has lapsed but the six year has not.