Page 47 - 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 TEXAS
Title Insurance Rates TEXAS
Promulgated Rate by State Insurance Department

Form of Conveyance TEXAS
Warranty Deed; Special Warranty Deed

State Encumbrance Forms TEXAS
Vendor's Lien Retained in Deed; Deed of Trust
Customary Closing Entity TEXAS
Title Company

Commitment Issued? Duration? TEXAS
Yes; 90 Days
When Is Invoice Issued? TEXAS
At Closing
Deed Transfer Tax? TEXAS
No

Mortgage Tax? TEXAS
No

Leasehold Tax? TEXAS
No

Remote Online Notarization (RON) Status TEXAS
In Effect

CUSTOMARY SPLITS
Owner's Policy Premium TEXAS
Typically Seller Pays but Negotiable

Loan Policy Premium TEXAS
Buyer Pays

Title Search and Exam Fees TEXAS
Included in Premium

Survey Charges TEXAS
Buyer Pays; Sometimes Negotiated

Deed Transfer Tax TEXAS
Not Applicable

Mortgage Tax TEXAS
Not Applicable

Closing Fees TEXAS
Divided Equally

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

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