Attorney fees are separate from title insurance fees. Title insurance policies protect a real estate buyer against defects in the title - thus benefitting the purchaser. This is not a fee that is shared between the purchaser and the agent. Mortgage lenders require that a buyer purchase title insurance policy to protect the mortgage lender, and you as the buyer can also purchase title insurance to protect yourself...
If a defect is found in the title, insurance does not automatically correct it.
All legal fees are the discretion of the attorney. When hiring an attorney fees should be discussed as part of your due dilligence. There is a very wide range of what different lawyers will charge for the same service. I have worked with attorneys vary as widely as $650 - $1250 - $2500.
Title Insurance IS often arranged by the closing attorney on the buyer's behalf and once again those rates vary depending on the title insurance carrier. A buyer can shop out different title insurance quotes and select his own title insurance directly with a carrier and let the attorney know whom he has selected. Most buyers do not bother to do this, they often leave it up to the lawyer. I believe the lawyer does make an additional fee as the agent for the carrier providing the title insurance.
Did you ask your Realtor for guidance on these matters and some general rules of thumb regarding the normal range of fees to expect for your attorney and title insurance policy?
I hope this helps you understand things a bit better...at a glance it would seem that those rates mentioned are not too 'out-of-the-park!'
Yes, that is probably correct as your title insurance premium is a separate charge to you from your attorney fee owed for handling the transaction. You should have your attorney explain it to you so that you have full understanding of all fees involved for closing before you sign.
I hope this is helpful.
Prudential Connecticut Realty