Real Estate Laws & Customs By State - Fidelity National Title Insurance Company

- 17 - REAL ESTATE LAWS & CUSTOMS BY STATE INDIANA Title Insurance Rates Filed Form of Conveyance Warranty Deed State Encumbrance Forms Mortgage Customary Closing Entity Title company; others Commitment Issued? Duration? Yes. 90 days. When is Invoice Issued? With Commitment Deed Transfer Tax? No Mortgage Tax? No Leasehold Tax? No CUSTOMARY FEE SPLITS Owner’s Policy Premium Seller pays Loan Policy Premium Buyer pays Title Search & Examination Varies by county Survey Charges Buyer pays Deed Transfer Tax Not applicable Mortgage Tax Not applicable Closing Fees Commercial: negotiable, usually split 50/50 Residential: Buyer pays Recording Fees Buyer pays