Escrow & Title
In New Hampshire, the buyer typically pays for which of the following at closing?
AThe real estate transfer tax only for the seller's share
BLoan origination fees, title insurance, recording fees for their deed, and their share of the transfer tax✓ Correct
CThe seller's real estate commission
DThe seller's property taxes for the entire year
Explanation
At a NH closing, the buyer typically pays loan origination and lender fees, owner's and lender's title insurance, recording fees for the new deed and mortgage, and their $0.75/$100 share of the transfer tax.
Related New Hampshire Escrow & Title Questions
- A NH property's title contains a 'gap' period where no deed was recorded. This may be resolved by:
- In New Hampshire, a title examination typically covers public records going back how many years?
- A NH buyer who receives title by adverse possession should:
- Priority of liens on a property is generally determined by:
- In New Hampshire, earnest money deposited with a broker must be:
- A NH title company's endorsement to a title insurance policy may:
- A NH property listed with three mortgages on it that total more than the sale price is described as:
- Constructive notice in New Hampshire real estate means that:
Practice More New Hampshire Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Hampshire Quiz →