Page 16 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 16

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                     IDAHO
        Title Insurance Rates   IDAHO
            Filed

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

       State Encumbrance Forms   IDAHO
            Deed of Trust (Preferred); Mortgage
       Customary Closing Entity       IDAHO
            Title Company

       Commitment Issued? Duration?          IDAHO
            Yes; 6 Months
       When Is Invoice Issued?      IDAHO
            At Closing or When Policy is Issued
       Deed Transfer Tax?   IDAHO
            No

       Mortgage Tax?   IDAHO
            No

       Leasehold Tax?   IDAHO
            No

       Remote Online Notarization (RON) Status   IDAHO
            In Effect

        CUSTOMARY SPLITS
       Owner's Policy Premium   IDAHO
            Seller Pays


       Loan Policy Premium   IDAHO
            Buyer Pays


       Title Search and Exam Fees   IDAHO
            Included in Premium


       Survey Charges   IDAHO
            Negotiable


       Deed Transfer Tax   IDAHO
            Not Applicable


       Mortgage Tax   IDAHO
            Not Applicable


       Closing Fees   IDAHO
            Divided Equally


       Recording Fees   IDAHO
            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  16
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