Real Estate Laws & Customs By State - FNTIC NCS

- 53 - REAL ESTATE LAWS & CUSTOMS BY STATE ©2025 Fidelity National Title Insurance Company (08/25) WYOMING Title Insurance Rates Filed Form of Conveyance Warranty Deed; Quitclaim Deed State Encumbrance Forms Mortgage “with Power of Sale”; Trust Deed (rare) Customary Closing Entity Title or escrow company; attorney; others Commitment Issued? Duration? Yes. 6 months (can be extended). When is Invoice Issued? Varies by office 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 Included in premium Survey Charges Fees negotiable between Buyer and Seller but usually paid by the Buyer if extended coverage has been requested. Deed Transfer Tax Not applicable Mortgage Tax Not applicable Closing Fees Negotiable, but usually divided equally between Buyer and Seller Recording Fees Buyer pays to record Deed and Mortgage. Seller pays to record documents to remove or release encumbrances.

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