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As a general rule there will be a Documentary Transfer Tax assessed which each transfer of real property
Documentary stamp tax is imposed under section 201.02, Florida Statutes (F.S.), on documents that transfer interest in Florida real property. The tax rate is $.70 per $100 (or portion thereof) of the total consideration paid, given, or to be paid or given, for the transfer---or in the event of a gift, the amount is based on the property value.
Miami-Dade County is an exception, where the rate is $.60 per $100 of consideration (or portion thereof) when the property is a single-family dwelling. If the Miami-Dade property is anything other than a single-family dwelling, the tax rate is $.60 plus $.45 surtax per $100 of consideration (or portion thereof).
However, a document---such as a quit claim deed---- that transfers an interest in real property between a husband and wife
is subject to documentary stamp tax only if the property is mortgaged. Tax is generally due on one-half of the outstanding balance of the mortgage(s) encumbering the property. Tax is not due if the property is not mortgaged and there is no other consideration or if the marital home is transferred between former spouses due to a divorce
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