Delaware title insurance and real estate transfer tax calculator
Easily
calculate the Delaware title insurance rates and Delaware transfer tax.
This title insurance rate calculator is designed to estimate the title
insurance rate for one to four family residences and condominiums. Delaware
transfer tax is a total of 4% (2% percent to the State and 2%percent
to the county or municipality). This amount is usually split between
the buyer and seller, unless the parties agree otherwise. First time
home buyers receive a discount on the county transfer tax. Please send
me an E-mail if you see an error. Last
updated 6/2018.
Reissue Title Insurance Rates For Loan Policies
The Rate for Reissue Loan Policy coverage shall apply up to the liability amount of the previously issued title insurance policy by any company for the same property within five (5) years prior to the application for the new loan policy, provided there is evidence of previous insurance as set forth in Section 2.8. The Rate for Original Loan Policy coverage would apply to that portion of the liability which exceeds the liability amount of the previously issued policy. SOURCE: Title Insurance Rate Manual State Of Delaware, as amended through 09/01/2017
Delaware Real Estate transfer tax
The Delaware Real Estate transfer tax of 4% is split equally the home buyer and seller. The county receives 2% and the State of Delaware also receives 2% of the sales price. A first time home buyer in Delaware that has never owned a home before receives an exemption on the county portion of the Delaware Real Estate Transfer Tax in all three counties of Delaware.