PURCHASE/SALE
Rate Schedule
as of January 1, 2014

Closing Fee in Office (Buyer pays)
$175


Closing Fee Out of Office
$200


Closing Fee Out of Office Outside Franklin County
$250


Closing Fee (for simultaneous 2nd Mortgage or Line of Credit)
$100


Title Exam (Seller pays)
$150


Binder Fee (split between Buyer and Seller)
$100


Simultaneous Issue Fee for Loan Policy (Buyer pays)
$100


Closing Protection Coverage for Seller (if requested by Seller) (Seller pays)
$55


Closing Protection Coverage for Lender (if requested by Lender) (Buyer pays)
$40


Closing Protection Coverage for Borrower (if requested by Buyer) (Buyer pays)
$20


Delivery and Handling Fee (shared by parties)
$20


Deed Preparation (Seller pays)
$50


EPA Endorsement (Buyer pays if required by Lender)
$75


ARM Endorsement (Buyer pays if required by Lender)
$75


Survey Coverage (Buyer pays if required by Lender)
$50


Recording Fee (Buyer pays)
$28 for first 2 pages, then $8 for each additional page





Recording for Release of Mortgage (Seller pays)
$32 (assuming 2 pages and reference info)




Conveyance Fees* (Seller pays)
$2 for each $1,000 plus $0.50 per parcel




Title Insurance
See Below


ORIGINAL TITLE INSURANCE RATE FOR OWNER'S OR LEASEHOLD POLICIES

An Owner's Policy insuring fee simple estate, will not be issued for less than the full value of the insured's interest in the land. An owner's policy, insuring a leasehold estate, will not be issued for less than the aggregate value of the rentals payable under the primary term of the lease, in connection with which policy is requested, or the full value of the land, whichever is less.

The rate for original owner's or leasehold insurance is:

Per Thousand or any fraction thereof:
Up to $150,000 of liability written .................................................................................................. $ 5.75/$1,000
Over $150,000 and up to $250,000 add ...................................................................................... $ 4.50/$1,000
Over $250,000 and up to $500,000 add ...................................................................................... $ 3.50/$1,000
Over $500,000 and up to $10,000,000 add ................................................................................ $ 2.75/$1,000
Over $10,000,000 add .................................................................................................................... $ 2.25/$1,000
Minimum Charge ....................................................................................................................................... $175.00

Reissue rates available upon request (30% discount on original policy if less than 10 years old)

*Please note Conveyance Fees differ by county: Franklin County charges $2 for each $1,000 plus 50 cents per parcel, while Delaware County charges $3 for each $1,000 plus 50 cents per parcel and Fairfield County charges $4 for each $1,000 plus 50 cents per parcel. Our office can provide you with the county conveyance fees for all other counties in Ohio.

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