Florida Documentary Stamp Tax

The Florida Documentary Stamp Tax is a tax imposed on certain documents related to real estate transactions and loans, such as deeds and mortgages. When a property is sold or refinanced, this tax is calculated based on the sale price or the loan amount. The rate varies depending on the type of document. This tax is typically paid at the time of closing, and the funds are used to support various state and local programs. It's important for buyers and sellers to understand this cost as part of their overall transaction expenses.