Page 12 - Real Estate Laws and Customs - State by State Guide by Old Republic Title

State Locations

A STATE- BY- STATE GUIDE
R E A L E S T A T E L A W S & C U S T O M S DISTRICT OF COLUMBIA
Title Insurance Rates DISTRICT OF COLUMBIA
Filed

Form of Conveyance DISTRICT OF COLUMBIA
Warranty Deed

State Encumbrance Forms DISTRICT OF COLUMBIA
Deed of Trust; Mortgage
Customary Closing Entity DISTRICT OF COLUMBIA
Title Company; Attorney

Commitment Issued? Duration? DISTRICT OF COLUMBIA
Yes; 6 Months
When Is Invoice Issued? DISTRICT OF COLUMBIA
At Closing Unless Requested Earlier
Deed Transfer Tax? DISTRICT OF COLUMBIA
Yes

Mortgage Tax? DISTRICT OF COLUMBIA
Yes; Recordation Tax

Leasehold Tax? DISTRICT OF COLUMBIA
Yes; If ≤ 30 Years

Remote Online Notarization (RON) Status DISTRICT OF COLUMBIA
Not Permitted

CUSTOMARY SPLITS
Owner's Policy Premium DISTRICT OF COLUMBIA
Buyer Pays

Loan Policy Premium DISTRICT OF COLUMBIA
Buyer Pays

Title Search and Exam Fees DISTRICT OF COLUMBIA
Buyer Pays

Survey Charges DISTRICT OF COLUMBIA
Buyer Pays

Deed Transfer Tax DISTRICT OF COLUMBIA
Seller Customarily Pays/Negotiable

Mortgage Tax DISTRICT OF COLUMBIA
Buyer Customarily Pays/Negotiable

Closing Fees DISTRICT OF COLUMBIA
Divided Equally or By Contract

Recording Fees DISTRICT OF COLUMBIA
Buyer Pays to Record Deed and Deed of Trust
Seller Pays to Record Release of Liens

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