- 50 - REAL ESTATE LAWS & CUSTOMS BY STATE ©2026 Commonwealth Land Title Insurance Company (08/26) WASHINGTON Title Insurance Rates Filed Form of Conveyance Statutory Warranty Deed; Bargain and Sale Deed; Special Warranty Deed; Quitclaim Deed State Encumbrance Forms Deed of Trust, Mortgage, Long-Term Real Estate Contract Customary Closing Entity Licensed Limited Practice Officer (LPO) at a title company or independent Commitment Issued? Duration? Yes. 6 months. When is Invoice Issued? At closing Deed Transfer Tax? Yes, Real Estate Excise Tax Mortgage Tax? No Leasehold Tax? Potentially. See WAC 458-61A-106 CUSTOMARY FEE SPLITS Owner’s Policy Premium Seller: standard coverage Buyer: endorsements, extended coverage Loan Policy Premium Buyer pays Title Search & Examination Included in premium. Additional work charge may apply depending on complexity of the examination Survey Charges Buyer pays; sometimes negotiated Deed Transfer Tax Seller’s obligation; Buyer can pay if tax amount is added to taxable sales price Mortgage Tax Not applicable Closing Fees Divided equally; can be varied by agreement. Seller pays Excise Tax. Recording Fees Buyer pays
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