How Does The 2% Title Insurance Cost...

AndyGriffith

New member
Mar 11, 2010
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Work on buying a property?....Is it 2% on the government appraised value of the property? I read that it is 2% on conveyances, but am not sure exactly what that entails? Anyone have further info about this? Also, do they still charge the 1% doc fee on top of the 3% transfer tax? Finally, is it 1% property tax above $5 millionRD or did they raise it to 2% a few years back? Thanks.