A Florida buyer's side of the closing statement shows note documentary stamp tax of $875, nonrecurring intangible tax of $500, lender charges of $1,200, and recording charges of $95. What is the buyer's total for those stated items?
Correct Answer
A) $2,670
Add all stated buyer-side items: $875 + $500 + $1,200 + $95 = $2,670.
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A Florida contract states that the seller will pay deed documentary stamp tax of $1,260, owner's title charges of $650, and deed recording fees of $54. What is the seller's total for those stated closing costs?
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A Florida buyer agrees by contract to pay a survey of $575, an inspection of $350, an appraisal of $650, and prepaid interest of $635. What is the buyer's total for these agreed costs?