Page 6 - 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 ARIZONA

Title Insurance Rates ARIZONA
Filed

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

State Encumbrance Forms ARIZONA
Deed of Trust; Mortgage

Customary Closing Entity ARIZONA
Title or Escrow Company; Others

Commitment Issued? Duration? ARIZONA
Yes; 6 Months

When Is Invoice Issued? ARIZONA
At Closing

Deed Transfer Tax? ARIZONA
No

Mortgage Tax? ARIZONA
No

Leasehold Tax? ARIZONA
No

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

Owner’s Policy Premium ARIZONA
Seller Pays; Buyer Pays Difference if Extended Coverage Policy Required

Loan Policy Premium ARIZONA
Buyer Pays

Title Search and Exam Fees ARIZONA
Included in Premium

Survey Charges ARIZONA
Buyer Pays; Unless Contract Specifies Otherwise

Deed Transfer Tax ARIZONA
Not Applicable

Mortgage Tax ARIZONA
Not Applicable

Closing Fees ARIZONA
Divided Equally

Recording Fees ARIZONA
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 6

oldrepublictitle.com/ncs Updated 07/2023