DC Title Insurance, Transfer Tax & Recordation Tax Calculator
Easily calculate the Washington DC title insurance rate and transfer tax, including the recordation tax. The title insurance and transfer tax calculator will estimate the title insurance rates and transfer tax for one to four family, owner occupied residential units and condominiums. Title insurance rates are filed in the District of Columbia, but not regulated. As such, title insurance premiums can vary between title insurers. Please send me an E-mail if you see an error or want to make a comment.
Who pays the transfer and recordation tax in the District of Columbia?
The Buyer customarily pays the Recordation tax and the seller customarily pays the Transfer tax. However, payment is dictated by the sales contract. Read more
A first-time home buyer discount is available to qualified home buyers. The purchase price ceiling is $647,000 and there are income limits. Read more
How are title insurance rates established in the District of Columbia?
After January 1, 2011, a title insurer or title insurance producer may charge any rates regulated by the District of Columbia in accordance with the premium rate schedule and manual filed by the title insurer and approved by the Commissioner in accordance with applicable law and rate filing rules.
By regulation, the Commissioner may allow for the temporary use of premium rate schedules in place before January 1, 2011.
31-5031.17, D.C. Code Ann.
SOURCE: American Land Title Association