Scenario Harbor Manual raises this Florida point. A Florida buyer agrees by contract to pay a survey of $500, an inspection of $500, an appraisal of $575, and prepaid interest of $520. What is the buyer's total for these agreed costs?
Correct Answer
D) $2,095
Add the four agreed buyer items. The total is $2,095.
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Previous Question
Compliance case Harbor Docket frames the issue this way. A Florida closing statement lists deed documentary stamp tax of $1,540, note documentary stamp tax of $1,260, nonrecurring intangible tax of $400, and recording fees of $96. If one party has agreed to pay all four listed charges, what is that party's total?
Next Question
Which statement best describes Florida's rule on state-imposed closing charges versus negotiable costs?