Our website uses cookies to ensure a great experience. We also use third party cookies. To find out more about the cookies on our web site, please read our privacy policy. By continuing to use our website, you agree to the use of cookies. Continue
How Can We Help You? Request a Quote Today! Click Here

Changes in Real Property Transfer and Title

Wed, Jun 27, 2018 at 8:35AM

Changes in Real Property Transfer and Title

Did you know that real property being transferred due to a divorce is exempt by statute from documentary stamp taxes, but if you own real property, get married later, and wish to add your new spouse to title, you would be required to pay doc stamps? All that changes on July 1. The governor signed omnibus tax legislation this session (HB/CS 7087)  that includes exemptions for documentary stamp taxes on an interspousal real estate transfer in the first year of marriage ( Florida Statute section 201.02.). 

HB/CS 7087.pdf

The information provided by Southern Title Holding Company, LLC on our website does not and cannot contain legal advice. The legal information provided is for general informational purposes only, and is not a substitute for legal advice.

Before taking any actions based upon such information, you are encouraged to consult the appropriate legal professionals or licensed attorneys. We do not provide any kind of legal advice. The use or reliance of any information contained on this is is solely at your own risk.

The information provided by Southern Title Holding Company, LLC on our website does not and cannot contain legal advice. The legal information provided is for general informational purposes only, and is not a substitute for legal advice.

Before taking any actions based upon such information, you are encouraged to consult the appropriate legal professionals or licensed attorneys. We do not provide any kind of legal advice. The use or reliance of any information contained on this is is solely at your own risk.

 


Bookmark & Share



User Comments


Be the first to comment on this post below!