Posted on: 23rd Mar, 2006 07:39 am
in recording a quit claim deed, do doc stamps always need to be paid?
I think the minimum is $.70 and that needs to be paid.
my fiancee owns a home valued at $300,000.00 and his mortgage owing was $165,000.00, i gave him $130,000.00 to pay off against the mortgage he still has a $35,000.00 mortgage in his name. in turn he signed a quit claim deed in the consideration of $10.00 with both of us being the grantor.
i still have to take the quit claim deed to be recorded and want to know what the costs will be.
thanking you,
rina
i still have to take the quit claim deed to be recorded and want to know what the costs will be.
thanking you,
rina
Hi Rina,
I have given answer of your same question at http://www.mortgagefit.com/know-how/about10430.html#45455
Please have a look at it.
Feel free to ask if you have any further questions.
Best of luck,
Larry
I have given answer of your same question at http://www.mortgagefit.com/know-how/about10430.html#45455
Please have a look at it.
Feel free to ask if you have any further questions.
Best of luck,
Larry
I am awfull with math. Please help. How much would I pay in the Doc Stamps for a home costing $249,900?
Thanks you
Thanks you
The doc stamp tax in different states vary from one another. For example, in Florida, the stamp tax per $100 is $.70. So, for a home costing $249,900 In Florida, the doc stamp tax is around $1749.
That is, I calculated it as: [(stamp tax in dollars)/$100]*$249,900 = $1749.
That is, I calculated it as: [(stamp tax in dollars)/$100]*$249,900 = $1749.
just completed buying out partner and handed bill for $ 7500 for recording deed on property. Costs were in addition to $25k already pd in closing costs and this was not included in settlement costs disclosed. Atty says deal closed, funds disbursed- bad news you owe this... Options here, if any are...?
Hi mark!
In my opinion you should immediately go and speak to the officials at the county recorder's office. They will be able to tell you the exact deed recording fees.
Thanks.
In my opinion you should immediately go and speak to the officials at the county recorder's office. They will be able to tell you the exact deed recording fees.
Thanks.
is there a rule as to whom is responsible for paying doc stamps in a real estate transaction?
Hi Stepheney
As far as I know, the parties involved in the real estate transaction can decide among themselves as to who pays for the stamp docs.
Thanks.
As far as I know, the parties involved in the real estate transaction can decide among themselves as to who pays for the stamp docs.
Thanks.
my parents gave a piece of property as a gift of love to me and my wife but now she wants a divorce and i am moving out of state but she is moving also but she wants the property so i can not have it, but it was my understanding that in a divorce the property from a gift of love goes back to the parents. help
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