AFFILIATED BUSINESS DISCLOSURE
To: ___________________________________
___________________________________
Property: ____________________________
____________________________
In connection with the purchase/sale of this property, you may need to obtain certain settlement services. UT Howard County, LLC d/b/a
Universal Title – Howard County (“Universal Title”) has been recommended for settlement services and title insurance. UT Howard County,
LLC is registered to do business as Universal Title and is fully licensed and bonded in the State of Maryland as a real estate settlement provider
and a licensed title insurance agency. This is to give you notice that the owners and some associates of Keller Williams Realty are members of
and have a business relationship with Universal Title and may receive a financial or other benefit from this referral. Set forth below are
estimated charges for the settlement services listed. You are NOT required to use the listed providers as a condition for the purchase of the
subject property. You may be able to get these services at a lower rate by shopping with other settlement services providers. Universal Title is a
title insurance agency and writes insurance for First American Title Insurance Company. Title insurance rates for First American Title
Insurance Company are listed below. The following is the estimated range of charges for the title insurance and settlement services provided by
Universal Title:
HUD LINE 1101
$750+Lender’s Title Insurance
Includes:
Settlement Fee*
Title Examination and Evaluation
Binder/Policy Preparation and Insurance
Delivery/Shipping and Handling
Processing and Administrative Services
Lender’s Title Insurance
Additional Fees:
Owners Title Insurance*
Survey**
Lien Certificate
$40.00 to $60.00 (payable to City or County)
Deed Preparation
$50.00 payable to law firm
Title Search
$250 to $350 payable to abstracting company
*If a second trust is closing at the same time, an additional settlement fee of $100 will be charged for the second trust closing.
The second trust lender may also require an additional title policy.
**Pricing for surveys of non-condominium properties is available on a case-by-case basis
Standard Owner Policies (per $1,000 of Sales
Price)
First $250,000
Over $250,000 - $500,000 add
Over $500,000-$1,000,000 add
Over $1,000,000-$5,000,000 add
$4.80
$4.10
$3.50
$2.75
*Title Insurance Policies
Standard Lender Policies (per $1,000 of loan
amount)
First $250,000
$3.20
Over $250,000 - $500,000 add
$2.90
Over $500,000-$1,000,000 add
$2.55
Over $1,000,000-$5,000,000 add
$2.00
Lender’s policies cost only $150.00 each when issued simultaneously with an Owner’s Policy. Enhanced/Eagle ALTA
Homeowners
Policies are offered and available at an additional premium. The minimum premium for a title insurance policy is $175.00
Seller’s Settlement Fees
Release Tracking
Procure and Release Lien
$35 per secured lien (payable to ReQuire)
$225 (if required)
YOU ARE NOT REQUIRED TO USE THE ABOVE NAMED COMPANY AS A CONDITION FOR THE SETTLEMENT OF YOUR
PURCHASE OR SALE OF THE PROPERTY DESCRIBED ABOVE. THERE ARE FREQUENTLY OTHER SETTLMENET PROVIDERS
AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE
BEST SERVICES AND THE BEST RATE FOR THESE SERVICES. I have read the Disclosure Statement and understand that my agent is
referring me to purchase the above described settlement services and associates of Keller Williams Realty may receive a financial benefit as the
result of this referral.
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