Ohio Title Insurance Rates & Conveyance Fee Calculator


Ohio State flagCalculate the Ohio title insurance rate & estimate the OH transfer tax, known as the Ohio conveyance fee. Title insurance rates are REGULATED by the State of Ohio, therefore, title insurance rates should not vary between title insurance companies. Seller's can estimate their closing costs with the Seller Cost Calculator. Please send me an E-mail if you see an error or want to make a comment. Last updated 6/2018.

PURCHASE | REFINANCE |

  Ohio Title Insurance & Transfer Tax Calculator
 
  Selling price of property  
 
  Mortgage Amount  
 
  Choose Ohio County  
 
  Transfer & Recordation Tax
  Buyer Seller
  County Conveyance Fee (Tax)
 
  Transfer taxes are customarily paid by the seller; although dictated by sales contract
 
  Title Insurance
  OWNERS POLICY
  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  
        Buyer Seller
  Owners Policy
  Loan Policy
  TOTAL  
  Title Insurance Endorsements
 
  ALTA 8.1-06 EPL "Regular" Rate  
  ALTA 9-06 Restrictions, Encroachments, Minerals  
  CLTA 100-06 Restrictions, Encroachments & Minerals  
  OH CPL Lender  
  OH-101 Survey Coverage - LP Issued without ALTA 9  
  ALTA 4-06 Condominium  
  ALTA 5-06 Planned Unit Development  
  ALTA 6-06 Variable Rate Mortgage  
  OH CPL Buyer  
  OH STG OTIRB OH-109 Balloon Endorsement  
  TOTAL  

What is "reissue" rate?

Title insurance companies offer a discounted title insurance rate under certain circumstances. For example:

Provided that the transaction qualifies for reissue rate as provided hereinafter and provided, further, that the Company is notified that a prior policy has been issued by a title insurance company licensed in Ohio and is furnished a copy of said policy or other information sufficient to enable the Insurer to identify said prior policy upon which reissue is requested, the new policy will be issued for 70% of the Original Rate for Owner’s Policies. If otherwise applicable, the reissue rate shall apply up to the face amount of the previous policy. If more insurance is required under a reissue policy than was written in the original policy, the amount in excess shall be the Original Rate under the applicable bracket or brackets for such excess amount. The minimum premium for any policy shall be $175.00 for Standard Owner’s Policies and $200.00 for Homeowner’s Policies.

Reissue rate is applicable in the following circumstances: (a) If the seller or lessor is an insured under an Owner’s Policy of title insurance, and said policy has been outstanding for less than ten (10) years, a new policy may be issued to the new purchaser or lessee for the reissue rate stated above, up to the face amount of the previous policy. Any insurance in excess of the prior policy will be provided at the Original Rate in the applicable bracket or brackets for such excess amount. Such rate shall not apply to an insured lessee applying for an Owner’s Policy. See Section 5 hereafter. SOURCE: Title insurance manual

Who pays for the title insurance in Ohio?

IIn most Ohio counties, the buyer pays both the owners and loan (lender's) title policy. In the Cleveland area, it's not uncommon for the seller and home buyer to split the owners policy cost.

What is simultaneous issue?

The title insurers offer a reduced rate for the loan policy when the owner's policy is purchased.