Fees

Fees for Sales (Seller Charges)

Settlement Fee                                   $325.00

Search Fee                                         $135.00

Owner’s Title Insurance Policy – see premium chart below

Fees for Refinancing

Settlement Fee                                   $325.00

Search Fee                                         $135.00

Loan Policy – see premium chart below

Title Policy Endorsements                  1 @ 10% of Loan Policy plus

$25 each per endorsement required

Purchase Price Title Insurance Cost
$0 – $100,000 $5.75 per thousand
$100,000 – $1 million, add $5.00 per thousand
$1 million – $5 million, add $2.50 per thousand
$5 million – $10 million, add $2.25
Over $10 million, add $2.00

Based on Florid Department of Financial Services, estimated promulgated rates are as follows:

Purchase Price                                   Title Insurance Cost

$0 – $100,000                                      $5.75 per thousand

$100,000 – $1 million add                    $5.00 per thousand

$1 million – $5 million add                   $2.50 per thousand

$5 million – $10 million add                 $2.25 per thousand

Over $10 million add                           $2.00 per thousand

Title Policy Premium Calculation Example #1:

Sales Price:  $279,000

100 x 5.75 =    $   575.00

179 x 5.00 = +   895.00

Total Premium            $1,470.00

Title Policy Premium Calculation Example #2:

Sales Price:  $68,000

68 x 5.75 =      $   391.00

Total Premium            $   391.00

Title Policy Premium Calculation Example #3:

Sales Price:  $402,000

100 x 5.75 =    $   575.00

302 x 5.00 = + 1510.00

Total Premium            $2,085.00

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