Title Insurance Rates

Owner’s Policy

Up to $150,000 – $5.75 per $1,000
Over $150,000 to $250,000 – $4.50 per $1,000 + $187.50
Over $250,000 to $500,000 – $350 per $1,000 + $437.50
Over $500,000 to $10,000,000 – $2.75 per $1,000 + $812.50
Over $10,000,000 – $2.25 per $1,000 + $5,812.50
Minimus – $175
Reissue – 70% within 10 years

Homeowner / Eagle Policy

Add 15% to Owner’s Policy Premium Can only be issued for 1 to 4 family residential properties or an individual condominium unit.
Minimum – $201.25

Mortgage Loan Policy

Up to $150,000 – $4.00 per $1,000
Over $150,000 to $250,000 – $3.25 per $1,000 + $112.50
Over $250,000 to $500,000 – $2.50 per $1,000 + $300
Over $500,000 to $10,000,000 – $2.25 per $1,000 + $425
Over $10,000,000 – $2.00 per $1,000 + $2,925
Minimum – $125
Reissue – 70% within 10 years
Simultaneous Issue — $100 provided an Owner’s Policy in equal or greater amount was issued and a premium charged

Title Gauranty

Up to $100,000 – $3.50 per $1,000
Over $100,000 to $250,000 – $3.00 per $1,000 + $50
Over $250,000 – $2.50 per $1,000 + $1.75
Minimum – $105

Prelminary Judicial Report

Issued in the amount of the outstanding debt
$3.00 per $1,000
Minimum — $75

Junior Loan Policy

Up to $150,000 — $1.75 per 1000
Minimum — $75

Rates Effective September 1, 2012

Basic Owner Rates

For the first $1,000 of liability (or fraction thereof) — $250 (minimum rate)
For each additional $1,000 of liability (or fraction thereof) in excess of $1,000 up to and including $50,000 — $5.25
For each additional $1,000 of liability (or fraction thereof) in excess of $50,000 up to and including $100,000 — $4.30
For each additional $1,000 of liability (or fraction thereof) in excess of $100,000 up to and including $200,000 — $3.67
For each additional $1,000 of liability (or fraction thereof) in excess of $200,000 up to and including $300,000 — $3.15
For each additional $1,000 of liability (or fraction thereof) in excess of $300,000 up to and including $1,000,000 — $2.62
For each additional $1,000 of liability (or fraction thereof) in excess of $1,000,000 — $2.10

Basic Loan Rates

For the first $1,000 of liability (or fraction thereof) — $175 (minimum rate)
For each additional $1,000 of liability (or fraction thereof) in excess of $1,000 up to and including $50,000 — $3.15
For each additional $1,000 of liability (or fraction thereof) in excess of $50,000 up to and including $100,000 — $2.50
For each additional $1,000 of liability (or fraction thereof) in excess of $100,000 up to and including $200,000 — $2.20
For each additional $1,000 of liability (or fraction thereof) in excess of $200,000 up to and including $300,000 — $1.90
For each additional $1,000 of liability (or fraction thereof) in excess of $300,000 up to and including $1,000,000 — $1.60
For each additional $1,000 of liability (or fraction thereof) in excess of $1,000,000 or higher —$1.25

Rates Effective October 3, 2015

Ohio Examination Fees

For Platted Residential – $295
For Commercial or Industrial – $325 and up
Limited Search Letter Reports – $100 and up
Commitments / Binders – $100

Rates Effective October 3, 2015

All Inclusive Closing Fees (AREA Title Agency does not charge wire fees, overnight fees, processing fees, handling fees, fax transmission fees, document retrieval fees, storage fees, etc.)

Courtsey closings – $200
In our offices any time for Ohio properties – $295
In our offices any time Michigan properties – $325
Out of office Fulton, Henry, Lucas, Ottawa and Wood Counties in Ohio – $350
Out of office in Monroe County Michigan – $375
All remaining counties in Ohio and Michigan – $400

Second Mortgages

If same lender – $100
If deffernet lender – $150

Closing Services Fees

Mortgage Releases — as per County Costs
Judgment Liens Releases – Governmental — as per County Costs
Judgment Lien – Attorney — as per County Costs
Stop Payment — $30 – $33 per occurrence
Deed, Releases, Subordination Prep — $50 per document

Payoff Services

AREA Title will order your payoffs at no extra cost to you, if requested. Please provide complete information. (Borrower’s signed authorization, account numbers, and lender’s name).

Ohio Recording Fees

Rates Effective August 1, 2003

Basic Recording Fee

Deeds, Mortgage, etc. — $28 for the first two pages and $8 for each additional page, 8½” x 14″ inches. Minimum fee – $28

Reference Fee

Releases, Assignments — $4 for each reference

UCC’s

Financing Statements relating to — $12 filing fee, real estate $4 for each debtor (s), secured party, record owner (s) or lessee, to be indexed in mortgage records.
Amendments to real related UCC’s i.e., continuations, assignments, Partial releases — $12 filing fee. $4 for each debtor(s), secured party, record owner(s) or lessee, to be indexed in mortgage records.
Terminations — $12 filing fee. $4 for each name to be indexed.
UCC Search — $20 per debtor name and $2 per page for a copy.

Leins

Federal Tax Liens — $5 Federal Tax Release — $3
Re-file/Correction — $5
Personal Tax Release — $4
Bureau of Workers Compensation Liens And Releases — No Fee
Unemployment Compensation (OBES) — No Fee
Releases — $4

Mortgage Release Fee — Ohio (Lucas – $28 / All other – $32)

Note — Attached legal descriptions constitute an additional page.
Warning — Any releases, Assignments, Subordinations, or Second Record of a Volume/Liber and Page Reference automatically requires you to collect an additional $4 (All Ohio Counties except Lucas)

Michigan Deeds require an additional $1

Michigan Release – $17

When there is a Judgment Lien and the property is in foreclosure, you must call the Clerk of the Court in which the lien was filed OR the attorney representing the plaintiff, to get the amount of the court costs pertaining to the lien.