Quit Claim Deed Question**************.

[Jorgecool]

What is the name of your state (only U.S. law)? Florida

Hi everyone. Quick question.

My divorce was finalized last week. I'm keeping the house, and I need to remove her from the Deed. I understand I have to fill out a "Quit Claim Deed".

My question is, is it true that because this is a divorce, I dont have to pay "Documentary Stamp Tax"?

Cause documentary stamp tax is 0.60 cents for every $100 the house is valued at. But I read somewhere that when its a divorce, I only pay recording fees.

Thanks everyone.

 

[HomeGuru]

What is the name of your state (only U.S. law)? Florida

Hi everyone. Quick question.

My divorce was finalized last week. I'm keeping the house, and I need to remove her from the Deed. I understand I have to fill out a "Quit Claim Deed".

My question is, is it true that because this is a divorce, I dont have to pay "Documentary Stamp Tax"?

Cause documentary stamp tax is 0.60 cents for every $100 the house is valued at. But I read somewhere that when its a divorce, I only pay recording fees.

Thanks everyone.

**A: check with your local title company.

 

[LdiJ]

What is the name of your state (only U.S. law)? Florida

Hi everyone. Quick question.

My divorce was finalized last week. I'm keeping the house, and I need to remove her from the Deed. I understand I have to fill out a "Quit Claim Deed".

My question is, is it true that because this is a divorce, I dont have to pay "Documentary Stamp Tax"?

Cause documentary stamp tax is 0.60 cents for every $100 the house is valued at. But I read somewhere that when its a divorce, I only pay recording fees.

Thanks everyone.

Actually, she is the one who needs to give a quit claim deed to you, and she should not do so unless its at the closing table for your refinance to take her off the mortgage.

 

[Jorgecool]

Yeah, I know that part, but my question is regarding the documentary stamp tax.....

 

[mistoffolees]

Yeah, I know that part, but my question is regarding the documentary stamp tax.....

For a question like that, it's best to call the court clerk or tax assessor's office. Rules vary from state to state and possibly even county to county.