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SCHEDULE OF CLOSING AND SETTLEMENT FEES & CHARGES

I. RESIDENTIAL REAL ESTATE CLOSING FEES

Sale/Purchase Transaction ……………………….…………………….…….$200.00

FSBO Transactions ……………………………….……………………...…….$300.00

II. LOAN CLOSING FEES

Concurrent Loan Closing ………………………………………………..…….$ 50.00
(does not include loan presentation)

Refinance Transaction ………………………………………………….….….$200.00
(includes loan presentation)

Loan Only ………………………………………………………….....…………..$200.00
(includes loan presentation)

Loan Presentation …………………………………………………...…….…….$ 75.00
(in addition to loan closing fees above per transaction when applicable)

III. COMMERCIAL REAL ESTATE CLOSING FEES

Commercial Sale Transactions Up to $300,000.00…………………..…… $300.00

Commercial Sale Transactions $300,000.00 and above ………………… $300.00
(dependent on circumstances, additional hourly charges may be assessed pursuant to Section VI herein)

IV. COMMERCIAL LOAN CLOSING FEES

Concurrent Commercial Loan Transactions …………………….…………. $  25.00
(does not include loan presentation)

Commercial Loan Refinance Transactions…………………….…………… $300.00
(includes loan presentation

Commercial Loan Only up to $300,000.00…………………….…………….. $250.00|
(does not include loan presentation)

Commercial Loan Transaction Only $300,000.00 and above……………… $250.00
(does not include loan presentation)
(depending on circumstances, additional hourly charges may be assessed pursuant to Section VI herein)

Commercial Loan Presentation…………………….………………………… $  75.00
(in addition to loan closing fees above per transaction when applicable)

V. MISCELLANEOUS FEES AND CHARGES

Tax Certificate Charges (per certificate) …………………….………………. $  15.00

E-Doc Fee…………………….……………………………………………...….. $  15.00
(one time fee when loan package transmitted electronically)

Wire Transfer Fees (per wire) …………………….………………………….. $  25.00

Express/Courier Fee (per service) ………………………………………..…. $  25.00

Copies (per page) …………………….……………………………………….. $   1.00

Presentation Only for Other Title Companies ………………………….……$250.00

Doc Prep Fee…………………….…………………………………………..…. $  35.00
(POA, Quit Claim Deed, Preparation and/or Release)

Title Search…………………….……………………………………………...… $  75.00/Hr

After Hours Closing Fee…………………….……………………………….… $100.00
(additional fee to any of the above when performed after normal business hours)

Escrow Fee (retention of funds per bank instructions) ……………………. $  25.00

Rush Closing Fee…………………….…………………………………..…….. $100.00
(additional to any of the above when preformed within 24 hours upon customer request)

Abstract Certification…………………….……………………………….....…… $  75.00
              Each Entry in Abstract …………………….………………………...…. $  15.00

Owners & Encumbrance Report…………………….………………………… $150.00
              Owner’s & Encumbrance Report Update (after recording) …...….. $50.00
              Verbal along with written, fax and copies (each) ……………….….. $  5.00

Mineral Memo (per certificate) …………………….……………………...…… $350.00
(all mineral activity on chain of title from patent to present)

Foreclosure Certificate…………………….………………………………..….. $225.00
              Update to certificate …………………….…………………………...... $  50.00
              Additional Entries (each) …………………….…………………….…. $  15.00

Tax Memo (per patent) …………………….………………………………....… $150.00
(to the Treasurer of Otero County before tax deed issued)
(additional hourly charge applies for difficult chains such as those with mineral interests. Maximum charge $250.00)

VI. SPECIAL CIRCUMSTANCES

Pursuant to 3 CCR 702-3(3-5-1)(5)(B), the title entity may charge additional fees for charges when unusual conditions are encountered, special or unusual risks are insured against and for special services rendered in connection with the issuance of a title insurance policy and/or closing settlement services. The terms and conditions for imposing such additional fees include considerations of the size of the transaction, geographic location, number of parties to the transaction, complexity of the transaction, special requirement of the parties or their attorneys, multi-state property locations, and other unforeseen variables which may directly affect the agency’s costs in determining insurability and /or conducting closing and settlement services. The hourly fee in such special circumstances shall be $75.00.00/Hr billed in the tenths of an hour.

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