Page 53 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 53

State Locations

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

       Title Insurance Rates   WISCONSIN
            Filed

       Form of Conveyance   WISCONSIN
            Warranty Deed; Quitclaim Deed; Special Warranty Deed; Other Special Deeds


       State Encumbrance Forms   WISCONSIN
            Mortgage

       Customary Closing Entity   WISCONSIN
            Title or Escrow Company; Others

       Commitment Issued? Duration?   WISCONSIN
            Yes; 6 Months

       When Is Invoice Issued?   WISCONSIN
            With Commitment

       Deed Transfer Tax?   WISCONSIN
            Yes; Real Estate Transfer Fee

       Mortgage Tax?   WISCONSIN
            No

       Leasehold Tax?   WISCONSIN
            No


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

       Owner’s Policy Premium   WISCONSIN
            Seller Pays


       Loan Policy Premium   WISCONSIN
            Buyer Pays


       Title Search and Exam Fees   WISCONSIN
            Included in Premium


       Survey Charges   WISCONSIN
            Negotiable


       Deed Transfer Tax   WISCONSIN
            Seller Pays


       Mortgage Tax   WISCONSIN
            Not Applicable


       Closing Fees   WISCONSIN
            Buyer Pays Loan Closing Fees; Seller Pays Deed Closing Fees


       Recording Fees   WISCONSIN
            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  53

                                                  oldrepublictitle.com/ncs                                       Updated 07/2023
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