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

- 32 - REAL ESTATE LAWS & CUSTOMS BY STATE NEWHAMPSHIRE Title Insurance Rates Filed Form of Conveyance Warranty Deed; Quitclaim Deed State Encumbrance Forms Mortgage Customary Closing Entity Attorney; title company Commitment Issued? Duration? Upon request. 6 months. When is Invoice Issued? At closing Deed Transfer Tax? Yes, Deed Transfer Tax Mortgage Tax? No Leasehold Tax? Leaseholds are not taxed unless they exceed 99 years, including all renewal terms. CUSTOMARY FEE SPLITS Owner’s Policy Premium Buyer pays Loan Policy Premium Buyer pays Title Search & Examination Buyer pays Survey Charges Buyer pays Deed Transfer Tax Divided equally unless parties contract otherwise Mortgage Tax Not applicable Closing Fees Negotiable Recording Fees Buyer pays to record Deed and Mortgage Seller pays to record documents to remove encumbrances