Guide to Real Estate Customs by State

Real Estate Customs Your State–by–State Guide

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First American Title Customs by State First American Title

Real Estate Customs by State Yes No Yes No Real Estate Customs by State Yes No Preliminary Report State Title Insurance Rates Form of Conveyance State Encumbrance Forms Attorney State or Commitment Deed Transfer Tax Mortgage Tax Leasehold Tax State Title Insurance Rates Form of Conveyance State Encumbrance Forms Attorney State Preliminary Report Deed Transfer Tax Mortgage Tax Leasehold Tax Alabama Filed Rate Warranty Deed Mortgage or Commitment Recordation Tax Alabama Filed Rate Warranty Deed Mortgage Commitment Recordation Tax Alaska Filed Rate Warranty Deed Deed of Trust Commitment

Filed Rate Warranty Deed DeedDeed ofof TrustTrust Commitment Alaska Filed Rate Warranty Deed Commitment Arizona Mortgage Deed of Trust Arizona Filed Rate Warranty Deed Deed of Trust Commitment Not Filed Warranty Deed Mortgage Commitment Real property tax transfer Arkansas Mortgage (more common) Deed of Trust Arkansas Not Filed Warranty Deed PreliminaryCommitment Report CountyReal Documentary property tax Transfer transfer Tax Applies to all leases of 35 years or more; Filed Rate Grant Deed MortgageDeed (more of Trust common) whether options to extend are counted for California and Commitment upon request City Tax (in some cities) lease term, varies by County Preliminary Report County Documentary Transfer Tax Applies to all leases of 35 years or more; California Filed Rate Bargain and SaleGrant Deed, Deed Quitclaim Deed DeedDeed of Trust/Public of Trust Documentary Fee whether options to extend are counted for Filed Rate and CommitmentCommitment upon request City Tax (in some cities) lease term, varies by County Colorado Special Warranty Deed, Warranty Deed Trustee for each County City Transfer Fee (in some cities) Bargain and Sale Deed, Quitclaim Deed Deed of Trust/Public Documentary Fee Colorado Filed Rate Commitment City Conveyance Tax Unless duration is tantamount Filed Rate Special WarrantyWarranty Deed, Deed Warranty Deed TrusteeMortgage for each County Commitment City Transfer Fee (in some cities) Connecticut Quitclaim Deed State Conveyance Tax to a conveyance, e.g., 99 years Warranty Deed City Conveyance Tax Unless duration is tantamount Connecticut Filed Rate Mortgage Commitment State Transfer Tax Filed Rate SpecialQuitclaim Warranty Deed Deed Mortgage Commitment State Conveyance Tax toUnless a conveyance, lease exceeds e.g., 995 years years Delaware Warranty Deed Local Transfer Tax Special Warranty Deed State Transfer Tax Delaware Filed Rate Deed Mortgageof Trust with Commitment Transfer Tax Recordation Tax on Money loaned ExcludesUnless leases lease with exceeds terms of5 years30 years District of Filed Rate SpecialWarranty Warranty Deed Deed Commitment Local Transfer Tax subject Columbia Private Power of Sale Recordation Tax to any applicable exemptions or less, including options to renew District of Deed of Trust with Transfer Tax Recordation Tax on Money loaned Excludes leases with terms of 30 years PromulgatedFiled Rate Rate by SpecialSpecial WarrantyWarranty DeedDeed Commitment Documentary Stamp Tax plus Both Documentarysubject Stamp Tax & Unless there is a determinable consideration other Columbia PrivateMortgage Power of Sale Commitment Recordation Tax to any applicable exemptions thanor less,the future including duty to payoptions rent (for to example,renew Florida State Insurance Department Warranty Deed surtax (Dade County) Non-Recurring Intangible Tax assignment of leasehold) Promulgated Rate by Special Warranty Deed Documentary Stamp Tax plus Both Documentary Stamp Tax & Unless there is a determinable consideration other Florida Limited Warranty Deed Deed toMortgage Secure Debt Commitment Real Estate Transfer Tax must be than the future duty to pay rent (for example, State InsurancePublished DepartmentRate Warranty Deed Commitment accompaniedsurtax by (Dade Real Estate County) Transfer Tax Non-RecurringIntangible Recording Intangible Tax Tax assignment of leasehold) Georgia Warranty Deed Mortgage (rare) Declaration Form Limited Warranty Deed Deed to Secure Debt Real Estate Transfer Tax must be Georgia Published Rate PreliminaryCommitment Report; accompaniedState Conveyance by Real Tax Estate Certificate Transfer Form Tax Intangible Recording Tax Applied where unexpired term is for 5 Posted Rate WarrantyWarranty DeedDeed MortgageMortgage (rare) must be accompaniedDeclaration by Form Deeds, Leases & Hawaii Commitment upon Request Assignments thereof, and Agreements of Sale years or more–See Deed Transfer Tax Preliminary Report; State Conveyance Tax Certificate Form Applied where unexpired term is for 5 Hawaii Posted Rate QuitclaimWarranty Deed DeedMortgage of Trust must be accompanied by Deeds, Leases & Filed Rate CommitmentCommitment upon Request Assignments thereof, and Agreements of Sale years or more–See Deed Transfer Tax Idaho Warranty Deed Mortgage Quitclaim Deed Deed of Trust Idaho Filed Rate Quit-Claim Deed, Special Mortgage Commitment Real Estate Transfer Tax Assignments of the lessee’s interest in a lease that Illinois Not Filed Warranty Deed Mortgage Commitment State, County and in some cases, has a term of 30 years or more. This is for state Warranty Deed, Warranty Deed Deed of Trust (rare) a Municipal Transfer Tax and county, and some municipalities. Quit-Claim Deed, Special Mortgage Real Estate Transfer Tax Assignments of the lessee’s interest in a lease that Illinois Not Filed Commitment State, County and in some cases, has a term of 30 years or more. This is for state Indiana Filed WarrantyWarranty Deed, Warranty Deed Deed DeedMortgage of Trust (rare) Commitment a Municipal Transfer Tax and county, and some municipalities.

Indiana No title insurance companiesFiled are licensed Warranty Deed Mortgage Commitment Real Estate Transfer Tax. A Real Estate Transfer within the state. Title policies written Warranty Deed Mortgage Commitment Declaration of Value and a Ground Water Affidavit Iowa outside state. must accompany all Deeds to be recorded. No title insurance companies are licensed Real Estate Transfer Tax. A Real Estate Transfer within the state. Title policies written Warranty Deed Mortgage Commitment Declaration of Value and a Ground Water Affidavit Iowa outside state. Special Warranty Deed No;must Sales accompany Validation all Deeds Questionnaire to be recorded. must Kansas Filed Rate Warranty Deed Mortgage Commitment accompany all Deeds to be recorded Mortgage Registration Tax Special Warranty Deed No; Sales Validation Questionnaire must Kansas Filed Rate Mortgage Commitment accompany all Deeds to be recorded Mortgage Registration Tax Kentucky Filed Rate WarrantyWarranty DeedDeed Mortgage Commitment Real Estate Transfer Fee

Kentucky Filed Rate WarrantyAct of Sale Deed Mortgage Commitment Real Estate Transfer Fee Documentary transfer tax in Louisiana Filed Rate Warranty Deed Mortgage Yes; attorney must examine title Commitment No; Orleans Parish Only Orleans Parish Only Orleans Parish Only Act of Sale Documentary transfer tax in Louisiana Filed Rate Mortgage Yes; attorney must examine title Commitment No;Real Orleans Estate Transfer Parish TaxOnly Orleans Parish Only Maine Filed Rate up to $1 million WarrantyWarranty DeedDeed Mortgage Commitment A Declaration of Value must Orleans Parish Only accompany Deeds to be recorded Real Estate Transfer Tax Maine Filed Rate up to $1 million Warranty Deed DeedMortgage of Trust Yes; most documents must be approved Commitment RecordationA Declaration Tax, of State Value Transfer must Counties vary; may have Yes: State Transfer and State Recording Tax do not Maryland Filed Rate Special Warranty Deed (preferred) by a Maryland attorney prior to Commitment accompany Deeds to be recorded Document Stamp, Recording Tax apply to leases of 7 years or less with renewals of Mortgage (rare) recordation Tax and County Transfer Tax and County Transfer Tax 7 years or less; County Transfer Tax varies Yes; most documents must be approved Counties vary; may have Yes: State Transfer and State Recording Tax do not Deed of Trust Recordation ExciseTax, Tax State Transfer Maryland Filed Rate Special WarrantyQuitclaim Deed Deed (preferred) by a Maryland attorney prior to Commitment Document Stamp, Recording Tax applyUnless to leases duration of 7 years is or tantamountless with renewals to of Not Filed MortgageMortgage (rare) recordation Commitment DeedTax stamps and based County on consideration Transfer in Deed. Tax Extra and County Transfer Tax 7 years or less; County Transfer Tax varies Massachusetts Warranty Deed county taxes in Barnstable. Land Bank fee in Dukes a conveyance, e.g., 99 years and NantucketExcise Tax Counties Quitclaim Deed Deed stamps based on consideration in Deed. Extra Unless duration is tantamount to Massachusetts Not Filed Mortgage Commitment Realcounty Estate taxes Transfer in Barnstable. Tax. Based Land on Bank full considerationfee in Dukes Filed Rate WarrantyWarranty DeedDeed Mortgage Commitment set forth onand face Nantucket of Deed orCounties on a Real Estate a conveyance, e.g., 99 years Michigan Transfer Valuation Affidavit Real Estate Transfer Tax. Based on full consideration Michigan Filed Rate Warranty Deed Mortgage Commitment Deedset forth Tax. on faceA Certificate of Deed or ofon Reala Real EstateEstate Minnesota Filed Rate up to $1 million Warranty Deed Mortgage Commitment Value and TransferWell Disclosure Valuation Affidavit Certificate must Mortgage Registry Tax accompany all Deeds to be recorded Deed Tax. A Certificate of Real Estate Minnesota Filed Rate up to $1 million Warranty Deed Mortgage Commitment Value and Well Disclosure Certificate must Mortgage Registry Tax Mississippi Not Filed Warranty Deed Deed of Trust Commitment accompany all Deeds to be recorded

Mississippi Not Filed Warranty Deed Deed of Trust Commitment No; various counties require a Missouri Filed Rate Warranty Deed Deed of Trust Commitment Certificate of Real Estate Value No; various counties require a Missouri Filed Rate Warranty Deed Deed of Trust Commitment UCC Status: All states are authorized for UCC Insurance; Oregon is pending as of September 10, 2014. Certificate of Real Estate Value UCC Designation: Property & Casualty States: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Idaho, Indiana, Kansas, Kentucky, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania South Carolina, and Tennessee. TUCCitle InsuranceStatus: All States:states are Alaska, authorized California, for UCC Delaware, Insurance; District Oregon of Columbia, is pending Florida, as of SeptemberHawaii, Illinois, 10, 2014. Iowa, Louisiana, Maine, Maryland, Massachusetts, Montana, Nevada, New York, North Dakota, Oklahoma, Rhode Island, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. UCC Designation: Property & Casualty States: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Idaho, Indiana, Kansas, Kentucky, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania South Carolina, and Tennessee. Title Insurance States: Alaska, California, Delaware, District of Columbia, Florida, Hawaii, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Montana, Nevada, New York, North Dakota, Oklahoma, Rhode Island, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. Real Estate

First American Title Customs by State

First American Title Real Estate Customs by State Yes No Yes No

State Title Insurance Rates Form of Conveyance State Encumbrance Forms Attorney State Preliminary Report Deed Transfer Tax Mortgage Tax Leasehold Tax Real Estate Customs by State or Commitment Yes No Quitclaim Deed Deed of Trust (not to exceed 40 acres) Montana Filed Rate Land Sales Contract Commitment Warranty Deed Mortgage Deed of Trust Preliminary Report Documentary Stamp Tax. $2.25 per State Title InsuranceNebraska Rates Form Filedof Conveyance Rate State EncumbranceWarranty Deed Forms Attorney State DeedCommitment Transfer Tax thousand: MortgageDocumentary Stamp Tax Act Real Leasehold Tax Mortgage or Commitment Estate Transfer Statement filed with Deed Deed ofBargain Trust (notand toSale exceed Deed 40 acres) Quitclaim Deed Land Sales Contract Preliminary Report Montana NevadaFiled Rate WarrantyFiled Rate Deed Grant Deed Deed of Trust Commitment Real Property Transfer Tax QuitclaimMortgage Deed Commitment Documentary Stamp Tax. $2.25 per QuitclaimDeed of DeedTrust Unless duration is tantamount Nebraska Filed Rate WarrantyFiled Rate Deed Mortgage Commitment thousand: DocumentaryCommitment Stamp Act Real Real Property Transfer Tax New Hampshire WarrantyMortgage Deed Estate Transfer Statement filed with Deed to a conveyance, e.g., 99 years Bargain and Sale Deed Bargain and Sale Deed, Covenant Preliminary Report Filed Rate Grant Deed Deed of Trust Either attorney or title companies Real Property Transfer Tax Realty Transfer Fee If lease is less than 99 years Nevada New Jersey Filed Rate against Grantor’s Acts; Mortgage Commitment Commitment Quitclaim Deed Special Warranty Deed; Warranty Deed can perform the closing Additional fee for property exceeding $1M including possible renewals PromulgatedQuitclaim Rate Deed by New Mexico Real Estate Contract Unless duration is tantamount New Hampshire Filed Rate Mortgage Deed of Trust Commitment Real PropertyCommitment Transfer Tax New Mexico State InsuranceWarranty Department Deed Warranty Deed Mortgage to a conveyance, e.g., 99 years Bargain and Sale Deed, Covenant Realty Transfer Fee If lease is less than 99 years against Grantor’s Acts; Warranty Deed (Zone 1) Either attorney or title companies N.Y. State Transfer Tax. New Jersey Filed Rate Filed Rate Mortgage Mortgage Commitment AdditionalCertificate fee for property of Title exceeding $1M Local Transfer Tax depends on Varies by County N.Y. State Transfer Tax New York Special Warranty Deed; Warranty Deed Bargain and Sale Deed (Zone 2) can perform the closing location of property including possible renewals Promulgated Rate by New Mexico Real Estate Contract Deed of Trust Commitment New Mexico State InsuranceNorth Department Carolina WarrantyFiled Rate Deed WarrantyMortgage Deed Deed of Trust Commitment Excise stamp on conveyance Depends on County

Warranty Deed (Zone 1) Yes; Abstracts and Attorneys’ Opinions N.Y. State Transfer Tax. Filed Rate Mortgage Certificate of Title Local Transfer Tax depends on Varies by County N.Y. State Transfer Tax New York North Dakota Bargain andFiled Sale Rate Deed (Zone 2) Warranty Deed Mortgage are required to issue any title insurance Commitmentlocation of property policy Limited Warranty Deed Real Property Transfer Tax None, except for 99-year North Carolina OhioFiled Rate WarrantyFiled Rate Deed QuitclaimDeed of Deed Trust Mortgage Commitment Excise Commitmentstamp on conveyance Amount varies by County from $1 - Depends on County Warranty Deed $4/$1000. $0.50 per parcel transfer tax leasehold in some Counties Yes; Abstracts and Attorneys’ Opinions North Dakota Filed Rate Warranty Deed Mortgage are required to issue any title insurance Commitment Oklahoma Not Filed Warranty Deed Mortgagepolicy Commitment Documentary Stamp Tax Buyer usually pays

Limited Warranty Deed Warranty Deed, Special Warranty Deed, Real Property Transfer Tax None, except for 99-year Ohio Filed Rate Quitclaim Deed Mortgage Mortgage (rare) Commitment AmountPreliminary varies by County Report from $1 - Real Property Transfer Tax Oregon FiledWarranty Rate Deed Bargain and Sale Deed, and Quitclaim $4/$1000. $0.50 per parcel transfer tax leasehold in some Counties Deed (rare) Deed of Trust Commitment upon request assessed in Washington County only Unless lease is for 30 years or Oklahoma Not Filed WarrantyFiled Rate Deed Special WarrantyMortgage Deed Mortgage Commitment DocumentaryCommitment Stamp Tax RealtyBuyer Transfer usually paysTax Pennsylvania more (consult with local office) Warranty Deed, Special Warranty Deed, Mortgage (rare) Preliminary Report Real Property Transfer Tax Filed Rate Bargain and Sale Deed, and Quitclaim Bargain and Sale Deed Oregon Rhode Island Negotiable QuitclaimDeed of Deed Trust Mortgage Commitment upon request assessed inCommitment Washington County only Real Estate Conveyance Tax Deed (rare) Warranty Deed Unless lease is for 30 years or Filed Rate Special Warranty Deed Mortgage Commitment Realty Transfer Tax Pennsylvania South Carolina Filed Rate Warranty Deed Mortgage Commitment Documentary Stamp Tax more (consult with local office) Bargain and Sale Deed Rhode Island Negotiable Quitclaim Deed Mortgage No; policy mustCommitment be signed by a licensed Real Estate Conveyance Tax Real Estate Transfer Fee South Dakota FiledWarranty Rate Deed Warranty Deed Mortgage abstractor for a fee in county where Commitment property is located Certificate of Real Estate Value Quitclaim Deed Real Estate Transfer Recordation Tax South Carolina Filed Rate Warranty Deed Mortgage Deed of Trust Commitment Documentary Stamp Tax Warranty Deed: Tax on greater consideration Tennessee Filed Rate Special Warranty Deed Yes; all recorded documents Commitment paid or property value Warranty Deed Mortgage (rare) Quitclaim Deed: tax on consideration paid No; policy must be signed by a licensed Real Estate Transfer Fee Promulgated Rate by abstractorDeed for a offee Trust in county where South Dakota Filed Rate Warranty Deed WarrantyMortgage Deed Commitment Commitment Texas State Insurance Department propertyMortgage is located Certificate of Real Estate Value Quitclaim Deed Real Estate Transfer Recordation Tax QuitclaimDeed of Deed Trust Warranty Deed: Tax on greater consideration Tennessee Filed Rate Special Warranty Deed Yes; allDeed recorded of Trust documents Commitment paid or property value Utah FiledWarranty Rate Deed SpecialMortgage Warranty (rare) Deed Commitment Warranty Deed Mortgage Quitclaim Deed: tax on consideration paid Promulgated Rate by Deed of Trust Warranty Deed Fiduciary Deed Commitment Property Transfer Tax— Texas State InsuranceVermont Department Filed Rate up to $2 million WarrantyMortgage Deed Mortgage Commitment Unless lease is 50 years or more Quitclaim Deed Declaration required Quitclaim Deed Deed of Trust Filed Rate Special Warranty Deed Special Warranty Deed Yes; deeds Commitmentmust be prepared by a Recordation Tax and Grantor Tax. Local Utah Not Filed Mortgage Deed of Trust Commitment State, City, and County may apply State, City, and County may apply Virginia Warranty Deed Warranty Deed company non-title company attorney recording taxes as authorized by the State. Fiduciary Deed Property Transfer Tax— FiledWarranty Rate Deed Deed of Trust Real Estate Excise Tax based on Vermont Filed Rate up to $2 million WarrantyMortgage Deed Commitment Commitment Unless lease is 50 years or more Washington (Subject Quitclaimto State Deedsales tax) Mortgage Declaration required percentage of sales price Special Warranty Deed Recordation Tax and Grantor Tax. Local Not Filed Deed of Trust Yes; deeds must be prepared by a Yes; attorney Commitmentmust certify title, prepare State,Transfer City, Tax and and County Non Residentmay apply State, City, and County may apply Virginia West Virginia WarrantyFiled Rate Deed Warranty Deed company Deednon-title of companyTrust attorney Deeds and Deeds of Trust and conduct recording taxesCommitment as authorized by the State. settlement Withholding Tax Filed Rate Deed of Trust Real Estate Excise Tax based on Warranty Deed Commitment Washington (SubjectWisconsin to State sales tax) Filed Rate WarrantyMortgage Deed Mortgage percentageCommitment of sales price Real Estate Transfer Tax Unless lease is 99 years or more Yes; attorney must certify title, prepare Transfer Tax and Non Resident Filed Rate Warranty Deed WarrantyDeed of DeedTrust Deeds and Deeds of Trust and conduct Commitment Statement of Consideration must West Virginia Filed Rate Mortgage N/A WithholdingCommitment Tax N/A N/A Wyoming Quitclaim Deed settlement be completed to record a Deed

Wisconsin UCCFiled Status: Rate All states are authorized Warrantyfor UCC Insurance; Deed Oregon is pending asMortgage of September 10, 2014. Commitment Real Estate Transfer Tax Unless lease is 99 years or more UCC Designation: Property & Casualty States: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Idaho, Indiana, Kansas, Kentucky, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania South Carolina, and Tennessee. Title Insurance States: Alaska, California, Delaware, District of Columbia, Florida, Hawaii, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Montana, Nevada, New York, NorthStatement Dakota, of ConsiderationOklahoma, Rhode must Island, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. Filed Rate Warranty Deed Mortgage N/A Commitment N/A N/A Wyoming Quitclaim Deed be completed to record a Deed

UCC Status: All states are authorized for UCC Insurance; Oregon is pending as of September 10, 2014. UCC Designation: Property & Casualty States: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Idaho, Indiana, Kansas, Kentucky, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania South Carolina, and Tennessee. Title Insurance States: Alaska, California, Delaware, District of Columbia, Florida, Hawaii, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Montana, Nevada, New York, North Dakota, Oklahoma, Rhode Island, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. Customary Standard Fee Splits

Customary Standard Fee Splits Buyer Seller Buyer Seller

Search: Exam, Attorney, State Owner’s Policy Loan Policy Abstract Fees Transfer Taxes Escrow Fees Recording/Filing Fees

Alabama Negotiable, usually Seller Negotiable Negotiable Negotiable

Alaska Included in premium N/A Divided Equally Divided Equally

N/A Affidavit of Real Property Value must Buyer pays to record Deed & Mortgage Arizona Included in premium be submitted with deed for recording. Divided Equally Seller pays for filing. Seller pays for recording docs to remove encumbrances Information Arkansas Negotiable, usually Seller Customarily Split Divided Equally Negotiable, usually Buyer at Your Fingertips Seller pays County tax Seller pays recording fees on California Varies Included in premium Varies by County City tax varies documents needed to clear title First American Title created Included in premium, for most counties Buyer pays to record Deed & Mortgage Colorado — except for multi-chains of title or Negotiable special services Seller pays for recording docs to remove encumbrances this helpful state-by-state Seller: All deeds must be accompanied by Buyer pays for recording Deed & Mortgage documents guide to make your job easier. Connecticut a Conveyance Tax Return, even if transfer Negotiable is exempt Seller pays for recording of releases Negotiable, usually Divided Delaware Divided Equally Equally Containing valuable information,

Buyer pays Recordation Tax District of Negotiable Negotiable Negotiable Negotiable Negotiable this guide provides a detailed Columbia Seller pays Transfer Tax look at local customs throughout Buyer pays instruments of conveyance & financing Florida Negotiable, usually Buyer Negotiable, usually Seller Negotiable, usually Seller Negotiable, usually Divided Equally Seller pays instruments to clear title the nation.

Georgia Negotiable Negotiable Negotiable, usually Seller Negotiable Varies If additional information is Buyer—40% Hawaii Included in premium Negotiable, usually Seller Divided Equally Information at Seller—60% needed, please reach out

Buyer pays for Deed of Trust or Mortgage Idaho Negotiable, usually Seller Negotiable, usually Buyer Included in premium N/A Negotiable, usually Divided to your local First American Title Equally Seller pays to record conveyance Deed and release docs representative.Your Fingertips Buyer pays loan policy charges Local transfer tax determined by municipal ordinance Buyer pays for recording Deed and Mortgage docs Negotiable, usually Seller Divided Equally Illinois Seller pays any abstract charges – fees vary Seller pays State and County Seller pays for recording of releases

Negotiable, usually Divided Negotiable, usually Buyer pays for instruments Indiana Negotiable, usually Seller Negotiable, usually Buyer May be charged as Additional Fees N/A of conveyance and financing First American Title created this Equally Seller pays for instruments to clear title

Buyer pays post-closing charges Buyer pays post-closing charges Buyer pays all other recording fees Negotiable helpful state-by-state guide to Iowa Seller pays pre-closing and abstract charges Seller pays pre-closing exam and abstracting Seller pays for recording docs to remove encumbrances Negotiable, Divided Equally if make your job easier. Kansas Negotiable N/A purchase contract silent Buyer pays for recording of Deed

Kentucky Negotiable

Buyer pays all other recording fees Containing valuable Varies Louisiana Seller pays release of encumbrances

Buyer pays recording fees information, this guide provides Seller pays in Penobscot County Divided Equally Maine Seller pays release recording fees

Negotiable, usually Divided a detailed look at local customs Maryland Negotiable, usually Buyer Negotiable, usually Buyer Negotiable, usually Buyer Equally Negotiable, usually Buyer Negotiable, usually Buyer

Buyer pays recording fees throughout the nation. Negotiable Massachusetts Seller pays release recording fees Negotiable, usually divided Michigan Negotiable, usually Buyer Buyer pays for recording of Deed equally If additional information is Buyer pays to record Deed & Mortgage Minnesota Shared by parties Seller pays for recording docs to remove encumbrances needed, please reach out to Mississippi Negotiable N/A Negotiable Negotiable, usually Buyer your local First American Title Missouri Varies by County Varies by County N/A Negotiable Varies by County representative. Customary Standard Fee Splits

Customary Standard Fee Splits Buyer Seller Buyer Seller

Search: Exam, Attorney, State Owner’s Policy Loan Policy Abstract Fees Transfer Taxes Escrow Fees Recording/Filing Fees Negotiable, usually divided Buyer: Realty Transfer Certificate must Negotiable, usually seller Negotiable, usually buyer Included in premium N/A Montana equally be completed to record a Deed

Buyer pays to record Deed & Mortgage Divided Equally Included in premium Seller pays; $2.25 per thousand Divided Equally Nebraska Seller pays for recording docs to remove encumbrances

Buyer pays to record Deed & Mortgage Included in premium Divided Equally Nevada Seller pays for recording docs to remove encumbrances

Buyer pays recording fees Divided Equally New Hampshire Seller pays release recording fees

Buyer pays additional fee for property Buyer pays for North NJ title company closings Buyer pays to record Deed & Mortgage New Jersey exceeding $1 million Seller pays Realty Transfer Fee Split closing cost for South NJ Seller pays for recording docs to remove encumbrances Parties pay their own attorneys New Mexico Included in premium N/A Divided Equally for doc preparation fees. Seller pays Deed; Buyer pays Mortgage. Seller (Zone 1) Seller pays, except for Mansion Buyer pays to record Deed & Mortgage N/A New York N/A (Zone 2) Tax when applicable Seller pays for recording docs to remove encumbrances Buyer pays to record all other documents North Carolina Negotiable Seller pays to record Deed and release of any encumbrances Buyer pays to record Deed & Mortgage Seller pays for abstract only N/A North Dakota Seller pays for recording docs to remove encumbrances Negotiable, Buyer pays to record Deed & Mortgage Ohio usually Divided Equally Seller pays for recording docs to remove encumbrances Attorneys’ Opinions vary by local practice; Buyer pays to record Mortgage Oklahoma Negotiable Negotiable abstract fees are various rates filed by Negotiable Negotiable Seller pays recording for any docs each abstract company to convey or disencumber the property

Buyer pays for extended coverage portion of premium Only in Washington County — Oregon Included in premium Negotiable, but customarily divided Divided Equally The content of this brochure is for Seller pays for standard coverage premium equally informational purposes only and is not and Included in premium for all-inclusive rate; Buyer pays to record Deed & Mortgage Divided Equally Pennsylvania not included in approved attorney rate filing Seller pays to record release documents may not be construed as legal advice. First

Buyer pays to record Deed, Mortgage & Assignment American Financial Corporation is not a law Rhode Island Seller pays for recording docs to remove encumbrances firm and does not offer legal services of any Value may be required; kind. No third party entity may rely upon Search, etc. are NOT included in premium, Buyer pays to record Deed & Mortgage South Carolina fees established by attorney-agent $3.70/$1000 Negotiable Seller pays to record release documents anything contained herein when making Split is required only when Split is required only when Buyer pays to record Deed & Mortgage legal and/or other determinations regarding South Dakota Varies by County Varies by County licensed abstractor must sign licensed abstractor must sign Seller pays for recording docs to remove encumbrances title practices. You should consult with Negotiable except in those counties where Buyer pays to record Deed & Deed of Trust an attorney prior to embarking upon any Tennessee Negotiable search and exam fees are included in the Varies by Local Practice premium Seller pays for recording releases specific course of action. Buyer pays for endorsements Buyer pays to record Deed & Mortgage Included in premium N/A Negotiable Texas Seller pays base premium Seller pays for recording docs to remove encumbrances First American Title Insurance Company, Included in premium; may be Divided Equally; escrow fees Buyer pays to record Deed & Mortgage Negotiable, usually Seller N/A and the operating divisions thereof, make Utah additional “Special Project” charge are a minimum filed rate Seller pays to record docs to remove encumbrances The contentno ofrepresentation this brochure is for asinformational to the accuracy purposes only or and Negotiable — Closing normally is not and may not be construed as legal advice. First American Vermont handled by attorney performing the completeness of the information contained title examination Financial Corporation is not a law firm and does not offer legal services of any kind. No third party entity may rely upon anything Buyer normally pays State & Local Taxes in this guide; and First American Title Negotiable Negotiable Negotiable Negotiable Negotiable contained herein when making legal and/or other determinations Virginia Seller pays Grantor’s Tax Insurance Company, and the operating regarding title practices. You should consult with an attorney prior to embarkingdivisions upon any thereof, specific course make of noaction. express or Washington Included in premium Divided Equally implied warranty respecting the information First American Title Insurance Company, and the operating divisions Buyer; Exam fees not included in presented and assume no responsibility West Virginia Negotiable, usually Buyer Negotiable, usually Buyer premium; fees established by examining thereof, make no representation as to the accuracy or completeness attorney. of the informationfor errors contained or omissions. in this guide; First and First American, American Title Search fees which are not otherwise Buyer pays to record Deed & Mortgage Insurancethe Company, eagle and logo, the operatingFirst American divisions thereof, Title, make and no Wisconsin included in the premium are added in Negotiable some counties and may be negotiable. Seller pays for recording docs to remove encumbrances express or implied warranty respecting the information presented and assumefirstam.com no responsibility are for registered errors or omissions. trademarks First American, or Negotiable, usually divided Buyer pays to record Deed & Mortgage Negotiable, usually Seller Negotiable, usually Buyer Included in premium N/A the eagletrademarks logo, First American of First Title, Americanand firstam.com Financial are registered Wyoming equally Seller pays to remove encumbrances trademarksCorporation or trademarks ofand/or First American its affiliates. Financial Corporation and/or its affiliates.