Page 38 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 38

State Locations

                                                                                               A STATE - BY - STATE GUIDE
       REAL ESTATE LAWS AND CUSTOMS                                                                 NORTH DAKOTA

       Title Insurance Rates   NORTH DAKOTA
            Filed

       Form of Conveyance   NORTH DAKOTA
            Warranty Deed; Quitclaim Deed


       State Encumbrance Forms   NORTH DAKOTA
            Mortgage

       Customary Closing Entity   NORTH DAKOTA
            Attorney; Title Company

       Commitment Issued? Duration?   NORTH DAKOTA
            Yes; 6 Months

       When Is Invoice Issued?   NORTH DAKOTA
            With Commitment

       Deed Transfer Tax?   NORTH DAKOTA
            No

       Mortgage Tax?   NORTH DAKOTA
            No

       Leasehold Tax?   NORTH DAKOTA
            No


       Remote Online Notarization (RON) Status   NORTH DAKOTA
            In Effect
       CUSTOMARY SPLITS

       Owner’s Policy Premium   NORTH DAKOTA
            Buyer Pays


       Loan Policy Premium   NORTH DAKOTA
            Buyer Pays


       Title Search and Exam Fees   NORTH DAKOTA
            Seller Pays


       Survey Charges   NORTH DAKOTA
            Buyer Pays; Sometimes Negotiated


       Deed Transfer Tax   NORTH DAKOTA
            Not Applicable


       Mortgage Tax   NORTH DAKOTA
            Not Applicable


       Closing Fees   NORTH DAKOTA
            Buyer Pays


       Recording Fees   NORTH DAKOTA
            Buyer Pays to Record New Mortgage
           Seller Pays to Record Documents to Transfer Ownership and Remove Encumbrances

                   UCC coverage is available; for assistance with your transaction contact UCC@oldrepublictitle.com  38

                                                  oldrepublictitle.com/ncs                                       Updated 07/2023
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