Non-single-family real property in Miami-Dade County is conveyed for $220,000. What total deed documentary stamp tax and surtax are due?
Correct Answer
C) $2,310
For non-single-family Miami-Dade deeds, the total rate is $1.05 per $100 (60 cents base tax plus 45 cents surtax). $220,000 ÷ 100 × $1.05 = $2,310.
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Audit memo Granite Worksheet highlights this Florida rule. In a Tallahassee transaction, a closing coordinator wants the Florida rule on recording purpose. Which statement is correct?
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A real estate agent represents a buyer who is purchasing a home in Orange County, Florida. The closing is scheduled for Friday, but the buyer wants to ensure their deed is recorded immediately to protect their ownership rights. When is the earliest the deed can be recorded?