Page 41 - 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 OREGON
Title Insurance Rates OREGON
Filed

Form of Conveyance OREGON
Warranty Deed; Special Warranty Deed; Bargain and Sale Deed; Quitclaim Deed

State Encumbrance Forms OREGON
Deed of Trust; Mortgage
Customary Closing Entity OREGON
Title or Escrow Company; Others

Commitment Issued? Duration? OREGON
Yes; 6 Months
When Is Invoice Issued? OREGON
At Closing
Deed Transfer Tax? OREGON
No; Except Washington County

Mortgage Tax? OREGON
No

Leasehold Tax? OREGON
No

Remote Online Notarization (RON) Status OREGON
In Effect

CUSTOMARY SPLITS
Owner's Policy Premium OREGON
Seller Pays; Sometimes Negotiated

Loan Policy Premium OREGON
Buyer Pays

Title Search and Exam Fees OREGON
Included in Premium

Survey Charges OREGON
Negotiable

Deed Transfer Tax OREGON
Usually Divided Equally; Negotiable

Mortgage Tax OREGON
Not Applicable

Closing Fees OREGON
Negotiable; Usually Divided Equally

Recording Fees OREGON
Buyer Pays to Record Deed and Mortgage
Seller Pays to Record Documents to Remove Encumbrances

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