Page 21 - Real Estate Laws and Customs - State by State Guide by Old Republic Title

State Locations

A STATE - BY - STATE GUIDE
REAL ESTATE LAWS AND CUSTOMS KENTUCKY

Title Insurance Rates KENTUCKY
Filed

Form of Conveyance KENTUCKY
Warranty Deed; Limited or Special Warranty Deed; Quitclaim Deed

State Encumbrance Forms KENTUCKY
Mortgage

Customary Closing Entity KENTUCKY
Attorneys; Title Companies

Commitment Issued? Duration? KENTUCKY
Yes; 6 Months

When Is Invoice Issued? KENTUCKY
With Commitment or at Settlement

Deed Transfer Tax? KENTUCKY
Yes; Deed Transfer Tax

Mortgage Tax? KENTUCKY
No

Leasehold Tax? KENTUCKY
No

Remote Online Notarization (RON) Status KENTUCKY
In Effect
CUSTOMARY SPLITS

Owner’s Policy Premium KENTUCKY
Negotiable; Usually Paid by Buyer

Loan Policy Premium KENTUCKY
Negotiable; Usually Paid by Buyer

Title Search and Exam Fees KENTUCKY
Negotiable; Usually Paid by Buyer

Survey Charges KENTUCKY
Negotiable; Usually Paid by Buyer

Deed Transfer Tax KENTUCKY
Usually Paid by Seller

Mortgage Tax KENTUCKY
Not Applicable

Closing Fees KENTUCKY
Negotiable; Usually Paid by Buyer

Recording Fees KENTUCKY
Usually Paid by Buyer

UCC coverage is available; for assistance with your transaction contact UCC@oldrepublictitle.com 21

oldrepublictitle.com/ncs Updated 07/2023