T G1, Policy Guaranty Fee Remittance Form Texas
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People also ask
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What is state of Texas policy guaranty fee?
The fee was reinstated effective January 1, 2004 at $1.00 and has now been raised to $5.00 effective April 1, 2008. The Guaranty Fee can be raised or lowered at the direction of the TTIGA Board of Directors annually or more often with a maximum of $5.00. -
What is Garc fee in Texas?
A Guaranty Assessment Recoupment Charge (GARC) of $4.50 applies to each owner's policy and each loan policy. Title agents must collect the GARC directly from the purchaser of each owner's policy and each loan policy at the closing of the transaction from January 1 through December 31, 2018.
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