Page 29 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 29

State Locations

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

       Title Insurance Rates   MISSOURI
            Risk Rates are Filed

       Form of Conveyance   MISSOURI
            Warranty Deed


       State Encumbrance Forms   MISSOURI
            Deed of Trust

       Customary Closing Entity   MISSOURI
            Title Company

       Commitment Issued? Duration?   MISSOURI
            Yes; 6 Months

       When Is Invoice Issued?   MISSOURI
            Varies; With Commitment or at Closing

       Deed Transfer Tax?   MISSOURI
            No

       Mortgage Tax?   MISSOURI
            No

       Leasehold Tax?   MISSOURI
            No


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

       Owner’s Policy Premium   MISSOURI
            Buyer Pays; Paid by Buyer in St. Louis Metro Area


       Loan Policy Premium   MISSOURI
            Buyer Pays; Paid by Buyer in St. Louis Metro Area


       Title Search and Exam Fees   MISSOURI
            Varies by County


       Survey Charges   MISSOURI
            Buyer Pays


       Deed Transfer Tax   MISSOURI
            Not Applicable


       Mortgage Tax   MISSOURI
            Not Applicable


       Closing Fees   MISSOURI
            Divided Equally


       Recording Fees   MISSOURI
            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  29

                                                  oldrepublictitle.com/ncs                                       Updated 07/2023
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