Page 30 - 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 MONTANA

Title Insurance Rates MONTANA
Risk Rates are Filed

Form of Conveyance MONTANA
Warranty Deed; Quitclaim Deed; Special Warranty Deed

State Encumbrance Forms MONTANA
Deed of Trust (Preferred; ≤ 40 Acres); Mortgage Required > 40 Acres

Customary Closing Entity MONTANA
Title Company

Commitment Issued? Duration? MONTANA
Yes; 6 Months

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

Deed Transfer Tax? MONTANA
No

Mortgage Tax? MONTANA
No

Leasehold Tax? MONTANA
No

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

Owner’s Policy Premium MONTANA
Seller Pays

Loan Policy Premium MONTANA
Buyer Pays

Title Search and Exam Fees MONTANA
Included in Premium

Survey Charges MONTANA
Not Applicable

Deed Transfer Tax MONTANA
Not Applicable

Mortgage Tax MONTANA
Not Applicable

Closing Fees MONTANA
Divided Equally

Recording Fees MONTANA
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 30

oldrepublictitle.com/ncs Updated 07/2023