Example of Invoice for Owner Title Insurance Policy
Title Search...................................................................................................$150.00
Title Exam.....................................................................................................$150.00
Title Insurance.............................................................................................$425.00
(Based on sale of $150,000.00)
Policy Registration......................................................................................$ 3.00
Final Search & Policy..................................................................................$ 60.00
Example of Invoice for Simultaneous Loan Policy
Title Insurance............................................................................................$ 35.00
(Based on fact dollar amount is same as or less than
purchase price)
Policy Registration.....................................................................................$ 3.00
Final Search & Policy.................................................................................$ 60.00
Endorsements............................................................................................$ 50.00
FEES REVISED BEGINNING JANUARY 1, 2018
WAYNE COUNTY ABSTRACT RESERVES THE RIGHT TO CHANGE FEES AT ANY TIME.
For estimate please call 618-842-4121. Thank you for your business.
Wayne County Abstract Fee Schedule
Effective 1/1/18
Closings
Closings
Buy/Sell/Refi…………………………………...............$360
*Closing fees are split between buyer & seller
according to terms of Purchase Agreement
Closing Protection Letter…..................Seller-$50; Buyer-$25; Lender-$25
TITLE INSURANCE
Title Search
Prior Policy or Abstract………..$60 minimum + $60/hr thereafter
From Sovereignty….…......$150.00 minimum + $60/hr thereafter
Title Examination………………….……………...$150.00
With prior policy combined with Title Search
Policy Registration……………………………..........$3.00
Endorsements (22, 8.1 & 9)........................$50.00
Special Endorsements......................call for quote
Final Search…………………………………………….$60.00
Title Insurance ……………….....….. See Below
Simultaneous Loan Policy ………………..……..$7.50
*Only if Loan policy is same $$ amount or less -
Regular rates for overage will be charged for loan policy amounts above owner policy amounts
New Owners Policy Per Thousand
Up to $50,000 $3.50
Over $50,000--$100,000 add $3.00
Over $100,000--$5,000,000 add $2.00
Over $5,000,000--$10,000,000 add $1.75
Over $10,000,000--$15,000,000 add $1.50
Over $15,000,000 add $1.25
Minimum Premium $10.00
Reissue Owners Policy Per Thousand
Up to $50,000 $2.10
Over $50,000--$100,000 add $1.80
Over $100,000--$5,000,000 add $1.20
Over $5,000,000--$10,000,000 add $1.05
Over $10,000,000--$15,000,000 add $0.90
Over $15,000,000 $0.75
Minimum Premium $10.00
New Loan Policy Per Thousand
Up to $50,000 $2.50 Over $50,000 ---$100,000 add $2.00 Over $100,000---$500,000 add $1.75
Over $500,000---$10,000,000 add $1.50 Over $10,000,000 ---$15,000,000 add $1.25
Over $15,000,000 add $1.00
Minimum Premium $7.50
Reissue Loan Policy Per Thousand Up to $50,000 $1.50 Over $50,000---$100,000 add $1.20 Over $100,000---$500,000 add $1.05 Over $500,000---$10,000,000 add $0.90
Over $10,000,000---$15,000,000 add $0.75 Over $15,000,000 add $0.60
Minimum Premium $7.50
Simultaneous Loan Policy.............................$7.50
*Only if Loan policy is same dollar amount
or less -- regular rates for overage will be
charged for loan policy amounts above
owner policy amounts
Miscellaneous services
Title Reports...............................................$150.00
**Lien Search, Title Search, Party Search and
Tract Searches. If Report will contain
multiple parties or tracts, fee will increase.
Abstracts
Certificate.............$150.00+ $5.00 per page
Chains of Title
Paper Chain (book & page references only).................................................................$100.00
**Tracts can be broken down to specific piece
Card Index (copy of our tract index on thumb drive)................................................................$375.00
**Sold in Quarter Sections only