ARSD 20:36:08:01
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.