In the example transaction, who pays the recording fees for the mortgage and the deed?

• A. Seller
• B. Lender
• C. Buyer
• D. Title company

Answer: (C)

Recording fees are the costs tied to placing loan and title documents into public records. In this example, the buyer is responsible for both—the mortgage recording fee and the deed recording fee. The mortgage recording fee goes to the lender’s loan filing, so the borrower (the buyer) pays it as part of obtaining and finalizing financing. The deed must be recorded to transfer title to the buyer, and in this scenario that recording cost is also charged to the buyer as part of closing costs. While these allocations can vary by contract or local practice, this setup reflects the buyer’s costs for securing the loan and recording the new ownership.