SELLER Costs (for residential contracts) SELLER EXPENSES BUYER EXPENSES BUYER Costs (for residential contracts) Real Estate Commission Seller Buyer Survey (if required by Lender) Seller’s unpaid Mortgage (if any) Seller Buyer Elevation Certificate (if required by Lender) Seller’s unpaid Judgment Liens (if any) Seller Buyer Appraisal Fees (if required by Lender) Seller’s unpaid Municipal Liens (if any) Seller Buyer Loan Fees (if required by Lender) Seller’s HOA/Condo Ass’n Liens (if any) Seller Buyer HOA/Condo Application fees to the Ass’n (if any) Seller’s unpaid HOA/Condo dues (if any) Seller Buyer HOA/Condo Transfer Fees to the Ass’n (if any) Seller’s unpaid property taxes (if any) Seller Buyer Buyer’s Property Inspections (if any) Seller’s unpaid utilities (if any) Seller Buyer** Recording Fees on Deed, UCC-1, Note, Mortgage HOA/Condo Estoppel Fee to the Ass’n (if any) Seller Buyer*** Intangible Tax on Buyer’s new Mortgage Documentary stamp tax + Surtax on the Deed (this is not a recording fee)* Seller* Buyer**** Documentary stamp tax on Buyer’s new Mortgage (this is not a recording fee) Title search(if SELLER’S Box is Checked or theMiami-Dade/Broward Regional Provision is Checked per Article 9) Seller Buyer***** Documentary stamp tax on Buyer’s new Promissory note (this is not a recording fee) Municipal Lien search (if SELLER’S Box is Checked or the Miami-Dade/Broward Regional Provision is Checked per Article 9) Seller Buyer Title search(if BUYER’S Box is Checked per Article 9) Owner’s Title Policy(if SELLER’s Box is Checked per Article 9) Seller Buyer Municipal Lien search(if BUYER’S Box is Checked per Article 9) Seller concessions e.g. paying for all or a portion of the title insurance, costs of appraisal, property repairs, home warranty, decorating allowance, moving allowance. Seller Buyer Owner’s Title Policy (if BUYER’S Box is Checked or if the Miami-Dade/Broward Regional Provision is Checked per Article 9) Seller’s Settlement Fee Seller Buyer Lender’s Title Policy Buyer Buyer’s Settlement Fee
* Documentary stamp tax on Deeds (Seller Expense) (this is not a recording fee). In all Florida counties except Miami-Dade, the tax rate imposed on Deeds (e.g., warranty, special warranty, quit claim, trustee’s deed, life estate deed, and even transfers of property between spouses) are subject to tax is $0.70 on each $100.00 or portion thereof of the total consideration. But in Miami-Dade County the tax rate is $0.60 cents on each $100 or portion thereof. Miami-Dade County also has a surtax of $0.45 cents on each $100 or portion thereof however single-family dwellings are exempt from the surtax. For example, a Broward County property that sells for $180,000 would = $1,260.00 in documentary stamp taxes (1800 is the number of taxable units representing each $100 or portion thereof of the consideration of $180,000 multiplied by (x) $0.70 = $1,260.00). See, Fla. Stat. §201.02(1)(a), §201.031
** Recording Fee (Buyer Expense) $10.00 for the First (1st) Page plus $8.50 for each additional page. See, Fla. Stat. §28.24(12)(a,b,d,e), §24.222(3)(a).
*** Intangible tax (Buyer Expense) of $0.002 per one dollar $1.00 of notes secured by a mortgage. For example on $180,000.00 the intangible tax = $360.00. See, Fla. Stat. §199.133.
**** Documentary stamp tax on Mortgages (Buyer Expense), are taxed based on the full amount of the indebtedness regardless of whether it is contingent or absolute, at the rate of tax is $0.35 cents per $100 or portion thereof. There is no cap on the amount of tax due. See, Fla. Stat. §201.08(1)(b)
***** Documentary stamp tax on Promissory notes (Buyer Expense) are taxed at the rate of $0.35 cents per $100 or portion thereof; which is capped at $2,450. See, Fla. Stat. §201.08(1)(a)