Utah Administrative Code (Current through November 1, 2019) |
R592. Insurance, Title and Escrow Commission |
R592-15. Submission of a Schedule of Minimum Charges for Escrow Services |
R592-15-7. Charges
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(1) Escrow Service Charges.
(a) In accordance with subsection 31A-19a-209(3), no charge may be filed or used that would cause the filer to operate at less than the cost of doing the business of escrow.
(b) Only minimum escrow charges shown in the Schedule of Minimum Charges for Escrow Services must be filed.
(2) Other Settlement Services Charges.
(a) other settlement services charges will be used for services not specifically shown in the Schedule of Minimum Charges for Escrow Services.
(b) other settlement service charge must be filed as a per hour charge.
(3) Document Preparation Charge.
Only document charges shown in the Schedule of Minimum Charges for Escrow Services must be filed.
(4) Other services which are not specifically listed on the Schedule of Minimum Charges for Escrow services may be rendered provided a justifiable charge is made.