BMO Harris will pay the following closing costs: appraisal, flood determination, title insurance and document recording fees. Costs to satisfy state and local taxes, or to satisfy certain prior liens, may be assessed to the customer. Property insurance is required; flood insurance may be required.
In Florida, customer is responsible for Documentary Stamp Tax of $3.50 per $1,000 and Intangible Tax of $2.00 per $1,000.
In Kansas, customer is responsible for Mortgage Recording Tax of $2.00 per $1,000.
In Minnesota, customer is responsible for Mortgage Recording Tax of $2.30 per $1,000 or $2.40 per $1,000 for Hennepin/Ramsey County.