INFORMATION ON DOCUMENTARY STAMP TAX
(Reference: Florida Statutes 201, 201.02, 201.08)

ON OBLIGATIONS TO PAY MONEY (MORTGAGES)           $ 0.35 per $100 or fraction thereof

Tax due on total amount of indebtedness as shown on document

Due and payable when the instrument is presented for recordation

ADDITIONAL INFORMATION ON INTANGIBLE TAX           $ 0.002 per $ 1.00 obligation
(Reference Florida Statutes 199)

Due and payable when the instrument is presented for recordation  

Due on all real estate Mortgages, Agreements for Deed, Articles of Agreement, and Contracts to Purchase Real Estate,

PENALTY FOR IMPROPERLY STAMPED DOCUMENTS
A penalty is imposed under s. 201.17(2)(b), Florida Statutes, equal to 10 percent of any unpaid tax if the failure is not more than 30 days, with an additional amount of 10 percent for each additional 30 days or fraction thereof, up to 50 percent of the unpaid tax. Interest of 1 percent per month shall be charged based upon the amount of tax due from the date of recordation until the tax is paid.

FOR MORE INFORMATION, VISIT www.myflorida.com/dor or call Taxpayer Services at 800-352-3671