Georgia Title Insurance Rate & Intangible Tax Calculator

Georgia State FlagEasily estimate the title insurance premium and transfer tax in Georgia, including the intangible mortgage tax stamps. Title insurance is a closing cost for purchase and refinances mortgages. Title insurance rates will vary between title insurers in Georgia. This title calculator will estimate the title insurance cost for 1 - 4 unit residential and refinance transactions. Please send me an E-mail if you see an error or want to make a comment. Last updated 6/2018.

PURCHASE | REFINANCE - |

  Georgia Title Insurance & Transfer Tax Calculator
  Selling price of property  
  Mortgage Amount  
 
  Title Insurance
  Georgia TRID calculation
  CFPB Owner's Title Policy Disclosure Calculation
  Basic Owner's Policy (Actual Premium)  
  Simultaneous Loan Policy (Actual Premium)  
  Stand-alone Loan Policy (Actual Premium)  
  CFPB - Owner's Policy Disclosed Amount  
  Title Insurance Premium Adjustment  
  TOTAL TITLE INSURANCE PREMIUM  
 
  Title Insurance Endorsements
 
  ALTA 8.1-06 Environmental Protection Lien
  ALTA 9-06 Restrictions, Encroachments, Minerals
  Closing Protection Letter - Lender $40.00  
 
  Estimated Mortgage Recording Fee $58.00  
  Estimated Deed Recording Fee $20.00  
 
  Transfer Tax
  Buyer   Seller
  Intangible Tax  
  George Transfer Tax  
  Georgia Residential Mortgage Fee  
  TOTAL  



Who pays the transfer tax in Georgia?

By custom, the seller pays the state transfer tax and the buyer pays the intangible tax (mortgage tax). Although, the sales contract defines who pays what tax.

Am I required to use an attorney for settlement?

The Supreme Court of Georgia has issued an opinion stating that it is unethical for a non-attorney to close a loan in the state of Georgia. This opinion covers re-finances as well as purchase deals. Now, if you are not an attorney this may not mean very much being that the State Bar of Georgia only has jurisdiction over attorneys. Many lenders have adopted the view that it is illegal for a non-attorney to close loans in Georgia. Others feel that it is OK for a Notary, who is not an attorney, to close loans. While I don’t necessarily think that it is illegal for a non-attorney to close loans I believe that the consumer is much better served by having an attorney close their loans. SOURCE: Chalker & Chalker, P.C

Are the title insurance rates the same in Georgia?

Georgia is now a “file and use” state. This means that each title insurer files its published title rates with the Georgia Insurance Commissioner and title agents are not allowed to deviate from such rates when quoting premiums. The title insurance premiums will vary from title company to company. It pays to shop for title insurance rates in Georgia.