DeSantis stamps changes to reverse mortgage tax requirements in Florida
Housing Wire
MAY 10, 2024
The documentary stamp tax “is an excise tax imposed on certain documents executed, delivered, or recorded in Florida ” according to the state’s Department of Revenue. The new law, House Bill (HB) 7073 , changes the way the state’s “documentary stamp tax” can be applied to reverse mortgages, among other provisions related to taxation.
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