Yes, the notary and title insurance are adjustments to basis. From the IRS:
Your basis includes the settlement fees and
closing costs for buying property. You cannot include in your basis the
fees and costs for getting a loan on property. A fee for buying property
is a cost that must be paid even if you bought the property for cash.
The following items are some of the settlement fees or closing costs you can include in the basis of your property.
Abstract fees (abstract of title fees).
Charges for installing utility services.
Legal fees (including title search and preparation of the sales contract and deed).
Recording fees.
Surveys.
Transfer taxes.
Owner's title insurance.
Any
amounts the seller owes that you agree to pay, such as back taxes or
interest, recording or mortgage fees, charges for improvements or
repairs, and sales commissions.
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