Page 43 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 43
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 RHODE ISLAND
Title Insurance Rates RHODE ISLAND
Filed
Form of Conveyance RHODE ISLAND
Warranty Deed; Quitclaim Deed; Bargain and Sale Deed
State Encumbrance Forms RHODE ISLAND
Mortgage
Customary Closing Entity RHODE ISLAND
Attorney; Title Company
Commitment Issued? Duration? RHODE ISLAND
Yes; 6 Months
When Is Invoice Issued? RHODE ISLAND
With Commitment
Deed Transfer Tax? RHODE ISLAND
Yes; Real Estate Conveyance Tax
Mortgage Tax? RHODE ISLAND
No
Leasehold Tax? RHODE ISLAND
No
Remote Online Notarization (RON) Status RHODE ISLAND
Permitted
CUSTOMARY SPLITS
Owner's Policy Premium RHODE ISLAND
Buyer Pays
Loan Policy Premium RHODE ISLAND
Buyer Pays
Title Search and Exam Fees RHODE ISLAND
Buyer Pays
Survey Charges RHODE ISLAND
Buyer Pays
Deed Transfer Tax RHODE ISLAND
Seller Pays; Unless Otherwise Agreed Upon Between Parties
Mortgage Tax RHODE ISLAND
Not Applicable
Closing Fees RHODE ISLAND
Buyer Pays
Recording Fees RHODE ISLAND
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 43
oldrepublictitle.com/NCS
