Page 22 - 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 LOUISIANA

Title Insurance Rates LOUISIANA
Filed

Form of Conveyance LOUISIANA
Warranty Deed; Act of Sale

State Encumbrance Forms LOUISIANA
Act of Mortgage

Customary Closing Entity LOUISIANA
Title or Escrow Company

Commitment Issued? Duration? LOUISIANA
Yes; 6 Months

When Is Invoice Issued? LOUISIANA
With Commitment

Deed Transfer Tax? LOUISIANA
No; Except New Orleans

Mortgage Tax? LOUISIANA
No; Except New Orleans

Leasehold Tax? LOUISIANA
No; Except New Orleans

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

Owner’s Policy Premium LOUISIANA
Buyer Pays

Loan Policy Premium LOUISIANA
Buyer Pays

Title Search and Exam Fees LOUISIANA
Buyer Pays

Survey Charges LOUISIANA
Buyer Pays; Sometimes Negotiated

Deed Transfer Tax LOUISIANA
Not Applicable

Mortgage Tax LOUISIANA
Not Applicable

Closing Fees LOUISIANA
Shared by Parties

Recording Fees LOUISIANA
Buyer Pays to Record Deed and Mortgage
Seller Pays to Record Documents to Remove Encumbrances

UCC coverage is available; for assistance with your transaction contact UCC@oldrepublictitle.com 22

oldrepublictitle.com/ncs Updated 07/2023