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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.

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:

The new policy will be issued if the transaction qualifies for the reissue rate as described below, and if the company is notified that a prior policy has been issued by a title insurance company licensed in Ohio and is provided with a copy of said policy or other information sufficient to enable the insurer to identify said prior policy upon which reissue is requested.

If not otherwise specified, the reissue rate applies up to the face value of the prior policy.

If a reissue policy requires more insurance than the original policy, the amount in excess must be the original rate under the relevant bracket or brackets for such excess amount.

Any insurance must have a minimum premium of $175.00 for Standard Owner's Policies and $200.00 for Homeowner's Policies.

The reissue rate applies in the following situations: (a) If the seller or lessor is 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 at the reissue rate stated above, up to the face amount of the previous policy.

Any insurance given in excess of the previous policy will be at the original rate in the relevant bracket or brackets for such excess amount.

This pricing does not apply to an insured lessee who applies for an Owner's Policy.

See Section 5 for further information.
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.