In Ohio, the conveyance fee is typically paid by:
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The buyer
The buyer is not the customary payer of the conveyance fee in Ohio; the buyer already bears other closing costs such as loan origination fees, title insurance, and recording fees, and the conveyance fee is the seller's responsibility as the party initiating the transfer of title.
The seller
Split equally
Splitting the conveyance fee equally between buyer and seller is not the Ohio custom; while parties can negotiate any allocation they choose, the standard practice and exam-tested default is that the seller pays the entire conveyance fee.
The title company
The title company facilitates the closing and disburses funds but does not pay the conveyance fee itself; the title company may collect and remit the fee on behalf of the seller, but the financial obligation belongs to the seller, not the title company.
Why is this correct?
The seller customarily pays the conveyance fee in Ohio because they are the party conveying — that is, legally transferring — the property, and the fee is essentially the cost of completing that transfer. Ohio Revised Code § 319.54 governs this fee, and real estate practice in Ohio has consistently treated it as a seller's closing cost, reflected in standard purchase contracts and HUD/ALTA settlement statements.
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