- 21 - REAL ESTATE LAWS & CUSTOMS BY STATE ©2025 Fidelity National Title Insurance Company (08/25) LOUISIANA Title Insurance Rates Filed Form of Conveyance Act of Cash Sale State Encumbrance Forms Act of Mortgage; Multiple Indebtedness Mortgage; Pledge of Leases and Rents Customary Closing Entity Notaries public who generally are attorneys Commitment Issued? Duration? Yes. 6 months. When is Invoice Issued? With Commitment Deed Transfer Tax? No, except New Orleans Documentary Transaction Tax Mortgage Tax? No, except New Orleans Documentary Transaction Tax Leasehold Tax? No, except New Orleans Documentary Transaction Tax CUSTOMARY FEE SPLITS Owner’s Policy Premium Buyer pays; sometimes negotiated Loan Policy Premium Buyer pays; sometimes negotiated Title Search & Examination Buyer pays; sometimes negotiated Survey Charges Buyer pays Deed Transfer Tax Not applicable (Seller pays New Orleans Documentary Transfer Tax) Mortgage Tax Not applicable (Seller pays New Orleans Documentary Transfer Tax) Closing Fees Normally paid by the Buyer with a small Seller’s closing fee in most parishes Recording Fees Buyer pays to record Deed and Mortgage. Seller pays to record curative documents to remove encumbrances.
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