LANDAMERICA/COMMONWEALTH LAND TITLE We are agents of LandAmerica/Commonwealth Land Title. LandAmerica has over 125 years of experience in the title insurance business. They have over 800 offices and 10,000 agents. We work closely with LandAmerica at our Arnold office to ensure that all of our closings are legal and properly insured. CHICAGO TITLE In March 2000, Chicago Title Insurance Company became the largest title company in the nation through a merger. Their history stretches back over 150 years of real estate transactions. The fundamental principles are still the same, such as an untarnished reputation for integrity and their expertise in the title business. Our Odenton office works closely with Chicago Title to ensure that your transactions are insured properly. MARYLAND TITLE INSURANCE RATES The premium charge for original Advantage Owner's insurance policy shall be: Per Thousand is 120% of the applicable basic rate. The premium charge for original Owner's or Leasehold insurance policy shall be: Per Thousand Up to $250,000 of liability written…................................... $3.89 Over $250,000 and up to $500,000, add…......................... 3.31 Over $500,000 and up to $1,000,000, add…...................... 2.78 Over $1,000,000 and up to $5,000,000, add…................... 2.21 Over $5,000,000 and up to $15,000,000, add…................. 1.84 Over $15,000,000, add….................................................... 1.58 The reissue rate shall be 60% of the Original Rate for Owner's or Leasehold insurance policy. The premium charge for mortgage insurance shall be: Per Thousand Up to $250,000 of liability written...................................... $2.78 Over $250,000 and up to $500,000, add............................ 2.21 Over $500,000 and up to $1,000,000, add......................... 1.94 Over $1,000,000 and up to $5,000,000, add...................... 1.68 Over $5,000,000 and up to $15,000,000, add.................... 1.31 Over $15,000,000, add.......................................................1.05 The reissue rate shall be 60% of the Original Rate for First and Second Mortgages.
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