This tax must be paid before the Clerk can accept any mortgage for record, and applies only to mortgages, agreements or contracts for deed, deeds of trust or other liens pertaining to real property. (Example: a mortgage amount of $95,000.00 equals to 95000 x. (An easy rule to remember is intangible tax is $2.00 per $1,000.00) The exceptions include the mortgage being a governmental agency and if a church borrows from the mother organization. It is imposed on each dollar of the obligation. The non-recurring tax is charged at the rate of 2 mills. Mortgages or other instruments of indebtedness that are secured by real estate require the payment of "class C" intangible tax. Tax is due on a document that contains a promise to pay a specific amount of money and is signed, executed, or delivered in Florida. The tax rate on a written obligation to pay money is $.35 for each $100, or fraction thereof, of the obligation evidenced by the document. Notes and Written Obligations to Pay Money If a stock certificate is issued without face value, the tax applies to the actual value. The tax rate is $.35 per $100 (or portion thereof) based upon the face or par value of the stock certificate or the face value of the bond. However, documentary stamp tax is not due if the marital home is transferred within a year of a divorce and the transfer occurs on or after July 1, 1997.ĭocumentary stamp tax is due upon the original issuance of stocks and bonds in this state. In most cases, the amount of tax is based on half of the amount of the unpaid balance of any mortgages. When the consideration paid or exchanged for real property is property other than money, the consideration is equal to the fair market value of the real property.Ī deed transferring an interest in Florida real property between a husband and wife, including when a spouse's name is added to a deed, is subject to documentary stamp tax. The tax rate for transfer of an interest in real property is $.70 on each $100 of Sale/Transaction price rounded up to the nearest hundred. Effective 6-01-08 the DR219 is no longer required. Johns County Recording Department before it will be recognized as a completed transaction. deeds, court orders, creating a trust, etc.) must be entered into the public records of the St. Documents subject to the tax include, but are not limited to Deeds, Stocks and Bonds, Notes and written obligations to pay money.Īny transfer of property ownership (i.e. State Documentary Stamp Tax Which Documents Require Documentary Stamps?ĭocumentary stamp taxes are levied on documents as provide under chapter 201, Florida Statutes. Please include an additional $1.00 for each name to be indexed over 4. The charges above include the indexing of up to 4 names. Recording Fees as of J= $10 first page + $8.50 each page thereafter Additional Fees Notary public signature, seal and expiration date.Acknowledgement of person(s) executing the instrument.Signature(s) to be attested by two witnesses (transfer of any property).Signature(s) should agree with name(s) in the body of the instrument and should be legible and correctly spelled.Description of real or personal property, if any.(Instruments executed or acknowledged outside of the State, or before January 1, 1968, are exempt.) On the instruments by which the title to real estate or any interest therein or lien thereon is conveyed, created, encumbered, assigned or otherwise disposed of, the name and address of the person who prepared the instrument must be printed, typewritten or stamped on the face of the instrument in a legible manner.Affix the name and address of person to whom instrument is to be returned on the front of the instrument.(Example: Deeds, Agreements and Contracts for Deeds) Grantee's mailing address, if transfer of interest is real estate. Legible, black print or typing for best reproduction by microfilm or photographing.1" by 3" blank space on each subsequent page.3" by 3" blank space in upper right corner of the first page.Since changes cannot be made once the instrument has been recorded, please check the following: DOR Forms, Florida Statutes, Florida Administrative Codes, and Additional Lawsįor an Online Credit Card Form, click here.VAB Meeting, Hearing, and Training Schedules –.Foreclosure Sales Frequently Asked Questions –.Annual Comprehensive Financial Report –.
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