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Real Estate

Laws & Customs By State


Title Insurance Rates

Not filed

Form of Conveyance

Warranty Deed

State Encumbrance Forms

Mortgage (preferred); Deed of Trust

Customary Closing Entity

Title or abstract company; attorney

Commitment Issued? Duration?

Yes. 6 months.

When is Invoice Issued?

With commitment

Deed Transfer Tax?

Yes. Deed Transfer Tax.

Mortgage Tax?


Leasehold Tax?


Customary Fee Splits

Owner’s Policy Premium

Seller pays

Loan Policy Premium

Buyer pays

Title Search & Examination


Survey Charges


Deed Transfer Tax

Divided equally (unless agreed upon otherwise)

Mortgage Tax

Not applicable

Closing Fees

Divided equally

Recording Fees

Buyer pays