- 53 - Real Estate Laws & Customs By State WYOMING Title Insurance Rates Filed Form of Conveyance Warranty Deed; Quitclaim Deed State Encumbrance Forms Mortgage “with Power of Sale”; Trust Deed (rare) Customary Closing Entity Title or escrow company; attorney; others Commitment Issued? Duration? Yes. 6 months (can be extended). When is Invoice Issued? With commitment Deed Transfer Tax? No Mortgage Tax? No Leasehold Tax? No Customary Fee Splits Owner’s Policy Premium Seller pays Loan Policy Premium Buyer pays Title Search & Examination Included in premium Survey Charges Negotiable Deed Transfer Tax Not applicable Mortgage Tax Not applicable Closing Fees Divided equally Recording Fees Buyer pays to record Mortgage Seller pays to record Deed