Page 47 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 47
State Locations
A STATE - BY - STATE GUIDE
REAL ESTATE LAWS AND CUSTOMS TEXAS
Title Insurance Rates TEXAS
Promulgated Rate by State Insurance Department
Form of Conveyance TEXAS
Warranty Deed; Special Warranty Deed
State Encumbrance Forms TEXAS
Vendor’s Lien Retained in Deed; Deed of Trust
Customary Closing Entity TEXAS
Title Company
Commitment Issued? Duration? TEXAS
Yes; 90 Days
When Is Invoice Issued? TEXAS
At Closing
Deed Transfer Tax? TEXAS
No
Mortgage Tax? TEXAS
No
Leasehold Tax? TEXAS
No
Remote Online Notarization (RON) Status TEXAS
In Effect
CUSTOMARY SPLITS
Owner’s Policy Premium TEXAS
Typically Seller Pays but Negotiable
Loan Policy Premium TEXAS
Buyer Pays
Title Search and Exam Fees TEXAS
Included in Premium
Survey Charges TEXAS
Buyer Pays; Sometimes Negotiated
Deed Transfer Tax TEXAS
Not Applicable
Mortgage Tax TEXAS
Not Applicable
Closing Fees TEXAS
Divided Equally
Recording Fees TEXAS
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 47
oldrepublictitle.com/ncs Updated 07/2023
