Virginia Title & Escrow
Virginia title insurance and settlements, priced to the penny.
Closing in Virginia with Rampart Title
Virginia closings are handled by a settlement agent, and the Virginia Real Estate Settlement Agents Act requires every settlement to be conducted by a licensed agent or attorney. The biggest line items are taxes, not title: the seller pays grantor tax on the deed, the buyer pays state and local recordation tax on both the deed and the deed of trust, and Northern Virginia sellers also pay a regional congestion relief fee. The buyer customarily chooses and pays for the owner’s title policy.
Virginia closing at a glance
- Grantor tax $0.50 per $500 (seller)
- State recordation tax $0.25 per $100 plus local ⅓ (buyer)
- Regional congestion relief fee $0.10/$100 in Northern Virginia
- Recordation tax also applies to the deed of trust
- Buyer customarily buys the owner’s policy
- Real estate taxes typically paid semiannually
Whether you are buying, selling, refinancing or closing a commercial deal, our team examines title, clears issues before they delay closing and handles the settlement start to finish. Order title online or call (435) 359-1115 and we will open your file the same day.
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