State
First American Title National Commercial Services
Customary Standard Fee Splits
Buyer
Seller
Transfer Taxes
Loan Policy
Escrow Fees
Search: Exam, Attorney,
Abstract Fees
Recording/Filing Fees
Owner’s Policy
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Negotiable, usually buyer
loan policy/endorsements
Borrower
Negotiable
Buyer to pay for both their owners
policy and the lender’s loan policy.
Split is required only when licensed
Negotiable, usually Buyer
Negotiable, usually Buyer
Negotiable, usually Buyer
N/A
Seller pays; $2.25 per thousand
Seller pays but can be negotiated
Divided Equally
N/A
Only in Washington County —
Negotiable, but customarily divided equally
Divided Equally
$3.70/$1000
N/A
N/A
Seller pays Real Estate Excise Tax
Typically paid by Seller
N/A
N/A
Buyer normally pays State & Local Taxes
Seller pays Grantor’s Tax
Typically Buyer pays Mansion Tax
Seller pays Realty Transfer Fee
Negotiable
Payable by Seller except for the additional
(“Mansion”) tax, which if applicable, is
payable by Buyer
Included in premium
Negotiable
Included in premium
Included in premium
Seller pays for abstract only
Attorneys’ opinions vary by local practice;
abstract fees are various rates filed by
each abstract company
Included in premium
Included in premium
Search, etc. are NOT included in premium,
fees established by attorney-agent
Varies by County
Negotiable except in those counties where search
and exam fees are included in the premium
Included in premium
Included in premium; may be
additional “Special Project” charge
Negotiable, usually Buyer
Included in premium
Negotiable
Included in premium
Buyer; Exam fees not included in premium;
fees established by
examining attorney
Fully Negotiated (Zone 1)
Included in Premium (Zone 2)
portion of premium. Seller pays for standard coverage
of premium
Seller pays standard coverage portion buyer
pays additional for extended
Negotiable. Typically Seller pays standard
coverage portion and Buyer pays additional
for extended.
Negotiable, usually Buyer
Negotiable
Buyer to pay for both their owners
policy and the lender’s loan policy.
Negotiable, usually Seller
Negotiable, usually Buyer
Negotiable, usually Buyer
portion of premium.
Seller pays for standard coverage of premium
Negotiable, usually Seller
Negotiable
Split is required only when licensed
Negotiable
Divided Equally
Seller pays for standard coverage premium
Seller pays base premium
Negotiable, usually
Divided Equally
Divided Equally
Divided Equally
Negotiable - customarily
Divided Equally
Negotiable
Negotiable
Negotiable, usually
Divided Equally
Negotiable
Divided Equally
Included in premium
Negotiable
Negotiable
Varies by County
Varies by transaction. Usually split equally,
but the rates are not promulgated.
Negotiable — Closing normally handled by
attorney performing the title examination
Negotiable
Divided Equally
Negotiable. Typically paid by Buyer
Divided Equally
Negotiable, usually
Divided Equally
Negotiable
N/A
Varies
Buyer: Realty Transfer Certificate must be
completed to record a Deed
Parties pay their own attorneys
for doc preparation fees. Seller pays Deed;
Buyer pays Mortgage
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record all other documents
Seller pays to record Deed and
release of any encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays to record release documents
Buyer pays to record Mortgage
Seller pays recording for any docs
to convey or disencumber the property
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Typically paid by Buyer
Buyer pays to record Deed & Mortgage
Buyer pays to record Deed & Mortgage
Seller pays to record docs to remove encumbrances
Seller pays to record docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed, Mortgage & Assignment
Seller pays for recording docs to remove encumbrances
Value may be required;
Buyer pays to record Deed & Mortgage
Seller pays to record release documents
Buyer pays recording fees
Seller pays release recording fees
Buyer pays to record Deed & Deed of Trust
Seller pays for recording releases
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
Buyer pays to record Deed & Mortgage
Seller pays for recording docs to remove encumbrances
UCC Status: Nearly all states are authorized for UCC Insurance.
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, 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, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.
FATNCS-05/2021