CHAPTER 20:36:08
COUNTERSIGNATURE FEES
Section
20:36:08:01 Countersignature fee schedule.
20:36:08:02 Countersignature fee for simultaneous issue.
20:36:08:01. Countersignature fee schedule. The maximum
fee that a licensed abstracter may charge to countersign a title insurance
policy issued through an underwriting company is fifty percent of the gross
premium based on the all inclusive rate filed in the county where the policy is
being generated plus a $75 per chain of title charge for each additional chain
of title searched as follows:
SCHEDULE
|
Insurance to and including |
Owner Rate |
Mortgage Rate |
Simultaneous Issue Mortgage Rate |
||
|
$19,000.00 |
$195.50 |
$156.40 |
$39.10 |
||
|
$20,000.00 |
$201.25 |
$161.00 |
$40.25 |
||
|
$21,000.00 |
$207.00 |
$165.60 |
$41.40 |
||
|
$22,000.00 |
$212.75 |
$170.20 |
$42.55 |
||
|
$23,000.00 |
$218.50 |
$174.80 |
$43.70 |
||
|
$24,000.00 |
$224.25 |
$179.40 |
$44.85 |
||
|
$25,000.00 |
$230.00 |
$184.00 |
$46.00 |
||
|
$26,000.00 |
$235.75 |
$188.60 |
$47.15 |
||
|
$27,000.00 |
$241.50 |
$193.20 |
$48.80 |
||
|
$28,000.00 |
$247.25 |
$197.80 |
$49.45 |
||
|
$29,000.00 |
$253.00 |
$202.40 |
$50.60 |
||
|
$30,000.00 |
$258.75 |
$207.00 |
$51.75 |
||
|
$31,000.00 |
$264.50 |
$211.60 |
$52.90 |
||
|
$32,000.00 |
$270.25 |
$216.20 |
$54.05 |
||
|
$33,000.00 |
$276.00 |
$220.80 |
$55.20 |
||
|
$34,000.00 |
$281.75 |
$225.40 |
$56.35 |
||
|
$35,000.00 |
$287.50 |
$230.00 |
$57.50 |
||
|
$36,000.00 |
$293.25 |
$234.60 |
$58.65 |
||
|
$37,000.00 |
$299.00 |
$239.20 |
$59.80 |
||
|
$38,000.00 |
$304.75 |
$243.80 |
$60.95 |
||
|
$39,000.00 |
$310.50 |
$248.40 |
$62.10 |
||
|
$40,000.00 |
$316.25 |
$253.00 |
$63.25 |
||
|
$41,000.00 |
$322.00 |
$257.60 |
$64.40 |
||
|
$42,000.00 |
$327.75 |
$262.20 |
$65.55 |
||
|
$43,000.00 |
$333.50 |
$266.80 |
$66.70 |
||
|
$44,000.00 |
$339.25 |
$271.40 |
$67.85 |
||
|
$45,000.00 |
$345.00 |
$276.00 |
$69.00 |
||
|
$46,000.00 |
$350.75 |
$280.60 |
$70.15 |
||
|
$47,000.00 |
$356.50 |
$285.20 |
$71.80 |
||
|
$48,000.00 |
$362.25 |
$289.80 |
$72.45 |
||
|
$49,000.00 |
$368.00 |
$294.40 |
$73.60 |
||
|
$50,000.00 |
$373.75 |
$299.00 |
$74.75 |
||
|
$51,000.00 |
$378.35 |
$302.68 |
$75.67 |
||
|
$52,000.00 |
$379.50 |
$306.36 |
$76.59 |
||
|
$53,000.00 |
$387.55 |
$310.04 |
$77.51 |
||
|
$54,000.00 |
$392.15 |
$313.72 |
$78.43 |
||
|
$55,000.00 |
$396.75 |
$317.40 |
$79.35 |
||
|
$56,000.00 |
$401.35 |
$321.08 |
$80.27 |
||
|
$57,000.00 |
$405.95 |
$324.76 |
$81.19 |
||
|
$58,000.00 |
$410.55 |
$328.44 |
$82.11 |
||
|
$59,000.00 |
$415.15 |
$332.12 |
$83.03 |
||
|
$60,000.00 |
$419.75 |
$335.80 |
$83.95 |
||
|
$61,000.00 |
$424.35 |
$339.48 |
$84.87 |
||
|
$62,000.00 |
$428.95 |
$343.16 |
$85.79 |
||
|
$63,000.00 |
$433.55 |
$346.84 |
$86.71 |
||
|
$64,000.00 |
$438.15 |
$350.52 |
$87.63 |
||
|
$65,000.00 |
$442.75 |
$354.20 |
$88.55 |
||
|
$66,000.00 |
$447.35 |
$357.88 |
$90.62 |
||
|
$67,000.00 |
$451.95 |
$361.56 |
$90.89 |
||
|
$68,000.00 |
$456.55 |
$365.24 |
$91.31 |
||
|
$69,000.00 |
$461.15 |
$368.92 |
$92.23 |
||
|
$70,000.00 |
$465.75 |
$372.60 |
$93.15 |
||
|
$71,000.00 |
$470.35 |
$376.28 |
$94.07 |
||
|
$72,000.00 |
$474.95 |
$379.95 |
$94.99 |
||
|
$73,000.00 |
$479.55 |
$383.64 |
$95.91 |
||
|
$74,000.00 |
$484.15 |
$387.32 |
$96.83 |
||
|
$75,000.00 |
$488.75 |
$391.00 |
$97.75 |
||
|
$76,000.00 |
$493.35 |
$394.68 |
$98.67 |
||
|
$77,000.00 |
$497.95 |
$398.36 |
$99.59 |
||
|
$78,000.00 |
$502.55 |
$402.04 |
$100.51 |
||
|
$79,000.00 |
$507.15 |
$405.72 |
$101.43 |
||
|
$80,000.00 |
$511.75 |
$409.40 |
$102.35 |
||
|
$81,000.00 |
$516.35 |
$413.08 |
$103.27 |
||
|
$82,000.00 |
$520.95 |
$416.76 |
$104.19 |
||
|
$83,000.00 |
$525.55 |
$420.44 |
$105.11 |
||
|
$84,000.00 |
$530.15 |
$424.12 |
$106.03 |
||
|
$85,000.00 |
$534.75 |
$427.80 |
$106.95 |
||
|
$86,000.00 |
$539.35 |
$431.48 |
$107.87 |
||
|
$87,000.00 |
$543.95 |
$435.16 |
$108.79 |
||
|
$88,000.00 |
$548.55 |
$438.84 |
$109.71 |
||
|
$89,000.00 |
$553.15 |
$442.52 |
$110.63 |
||
|
$90,000.00 |
$557.75 |
$446.20 |
$111.55 |
||
|
$91,000.00 |
$562.35 |
$449.88 |
$112.47 |
||
|
$92,000.00 |
$566.95 |
$453.56 |
$113.39 |
||
|
$93,000.00 |
$561.55 |
$457.24 |
$114.31 |
||
|
$94,000.00 |
$576.15 |
$460.92 |
$115.23 |
||
|
$95,000.00 |
$580.75 |
$464.60 |
$116.15 |
||
|
$96,000.00 |
$585.35 |
$468.28 |
$117.07 |
||
|
$97,000.00 |
$589.95 |
$471.96 |
$117.99 |
||
|
$98,000.00 |
$594.55 |
$475.64 |
$118.91 |
||
|
$99,000.00 |
$599.15 |
$479.32 |
$119.83 |
||
|
$100,000.00 |
$603.75 |
$483.00 |
$120.75 |
||
|
$110,000.00 |
$644.00 |
$515.20 |
$128.80 |
||
|
$120,000.00 |
$684.25 |
$547.40 |
$136.85 |
||
|
$130,000.00 |
$724.50 |
$579.60 |
$144.90 |
||
|
$140,000.00 |
$764.75 |
$611.80 |
$152.95 |
||
|
$150,000.00 |
$805.00 |
$644.00 |
$161.00 |
||
|
$200,000.00 |
$920.00 |
$736.00 |
$184.00 |
||
|
$300,000.00 |
$1,150.00 |
$920.00 |
$230.00 |
||
|
$400,000.00 |
$1,380.00 |
$1,104.00 |
$276.00 |
||
|
$500,000.00 |
$1,610.00 |
$1,288.00 |
$322.00 |
||
|
|
|
|
|
||
|
For each additional $1000 up to and including $5,000,000.00 add |
2.01 |
1.61 |
0.40 |
||
|
up to and including $10,000,000.00 add |
1.72 |
1.38 |
0.34 |
||
|
up to and including $20,000,000.00 add |
1.38 |
1.10 |
0.28 |
||
|
over $20,000,000.00 add |
1.15 |
0.92 |
0.23 |
||
Nothing in this rule is to be
construed to limit or restrict any contractual relationship between an
underwriting agent and the title insurance underwriting company the agent
represents.
Source:
11 SDR 168, effective June 20, 1985; 12 SDR 151, 12 SDR 155, effective July 1,
1986; 34 SDR 73, effective September 17, 2007.
General
Authority: SDCL 36-13-25.
Law
Implemented: SDCL 58-25-16.
20:36:08:02 Countersignature fee for simultaneous issue. The maximum fee an abstracter may charge when countersigning an owner-purchaser title insurance policy and a mortgage title insurance policy concerning the identical property that are to be simultaneously issued is the applicable maximum fee for the countersignature of an owner-purchaser title insurance policy as stated in § 20:36:08:01 plus $5.
Source: 11 SDR 168, effective June 20, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986.
General Authority: SDCL 36-13-25.
Law Implemented: SDCL 58-25-16.
