Page 41 - 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 OREGON

Title Insurance Rates OREGON
Filed

Form of Conveyance OREGON
Warranty Deed; Special Warranty Deed; Bargain and Sale Deed; Quitclaim Deed

State Encumbrance Forms OREGON
Deed of Trust; Mortgage

Customary Closing Entity OREGON
Title or Escrow Company; Others

Commitment Issued? Duration? OREGON
Yes; 6 Months

When Is Invoice Issued? OREGON
At Closing

Deed Transfer Tax? OREGON
No; Except Washington County

Mortgage Tax? OREGON
No

Leasehold Tax? OREGON
No

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

Owner’s Policy Premium OREGON
Seller Pays; Sometimes Negotiated

Loan Policy Premium OREGON
Buyer Pays

Title Search and Exam Fees OREGON
Included in Premium

Survey Charges OREGON
Negotiable

Deed Transfer Tax OREGON
Usually Divided Equally; Negotiable

Mortgage Tax OREGON
Not Applicable

Closing Fees OREGON
Negotiable; Usually Divided Equally

Recording Fees OREGON
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 41

oldrepublictitle.com/ncs Updated 07/2023