Page 48 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 48

State Locations

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

       Title Insurance Rates   UTAH
            Filed

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


       State Encumbrance Forms   UTAH
            Deed of Trust (Preferred); Mortgage

       Customary Closing Entity   UTAH
            Title Company

       Commitment Issued? Duration?   UTAH
            Yes; 6 Months

       When Is Invoice Issued?   UTAH
            At Closing; Sometimes When Policy Issues

       Deed Transfer Tax?   UTAH
            No

       Mortgage Tax?   UTAH
            No

       Leasehold Tax?   UTAH
            No


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

       Owner’s Policy Premium   UTAH
            Seller Pays


       Loan Policy Premium   UTAH
            Buyer Pays


       Title Search and Exam Fees   UTAH
            Included in Premium


       Survey Charges   UTAH
            Negotiable


       Deed Transfer Tax   UTAH
            Not Applicable


       Mortgage Tax   UTAH
            Not Applicable


       Closing Fees   UTAH
            Divided Equally


       Recording Fees   UTAH
            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  48

                                                  oldrepublictitle.com/ncs                                       Updated 07/2023
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