A reference sheet is available to help determine the correct amount of documentary stamp tax due on documents that transfer an interest in Florida real property.
Documentary stamp tax is also levied at the rate of $.35 per $100 (or portion thereof) on documents that are executed or delivered in Florida, for example:
Notes and other written obligations to pay.
Certain renewal notes.
Bonds (original issuance).
Florida law limits the maximum tax due on notes and other written obligations to $2,450. However, there is no limit on the documentary stamp tax due for mortgages or liens filed or recorded in Florida. Tax is paid to the Clerk of Court if the document is recorded, or sent directly to the Department of Revenue if the document is not recorded.
Documentary stamp tax is payable by any of the parties to a taxable transaction. If one party is exempt, the tax must be paid by the nonexempt party. United States government agencies; Florida government agencies; and Florida's counties, municipalities, and political subdivisions are exempt from documentary stamp tax.
To answer your question if the seller has to pay for doc stamps the answer is Yes.It is a customary fee paid by the seller But, it depends on how your contract is wriiten because you can negotiate with the buyer for them to pay during the offer and acceptance phase of the transaction.
In Dade this fee is .60 cents per every $100 of the purchase price. The rest of Florida is .70 cent
ex. Purchase price of $150,000 divided by 100 = 1500 x .060 = $900.00 doc stamp fee paid by seller.
Note: Buyers have to pay a note tax and a doc stamp tax.
So, taxes are paid by both buyer and seller.