Documentary Stamps definition

Documentary Stamps. The term `consideration' under section 201.02, F.S., includes: (h) Any other monetary consideration or consideration which has a reasonably determinable pecuniary value." Since the consideration is not a sum which has a reasonably determinable pecuniary value at the time the Agreement is executed, documentary stamp tax is not due as a transfer of realty, or an interest therein under s. 201.02(1)(a), F.S. The tax levied by s. 201.08(1), F.S., is on written obligation or promise to pay money. Rule 12B-4.052(6), F.A.C. (Previously numbered 12B-4.52(6), F.A.C.), reads in part:
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Examples of Documentary Stamps in a sentence

  • The following items shall be paid by Seller at Closing: (i) Documentary Stamps; (ii) all utility bills, actual or estimated; (iii) all taxes other than general ad valorem taxes which are or may become a lien against the Property; and (iv) any labor, materials, or other expenses related to the Property, incurred prior to Closing which is or may become a lien against the Property.

  • The following items shall be paid by Seller at Closing: (i) Documentary Stamps; (ii) all utility bills, actual or estimated; (iii) all taxes other than general ad valorem taxes which are or may become a lien against the Property; (iv) labor, materials, or other expenses related to the Property, incurred prior to Closing which is or may become a lien against the Property.

  • The following items shall be paid by Seller at Closing: (i) Documentary Stamps; (ii) all utilities bills, actual or estimated; (iii) all taxes other than general ad valorem taxes which are or may become a lien against the Property; (iv) any labor, materials, or other expenses related to the Property, incurred prior to Closing which is or may become a lien against the Property.

  • Borrower shall be responsible for all documented out-of-pocket costs and reasonable and documented legal expenses incurred by Lender in connection with this Loan of up to $10,000, including processing fees, attorney fees, UCC searches, Florida Documentary Stamps, and filing fees.

  • Documentary Stamps and Intangible Taxes for each of the Mortgages and the Notes which they secure are paid in full, payment being made at time of recording of each of this Mortgage and the Other Mortgages, as to the amount of the applicable Note which is shown in the "Defined Terms" portion of the applicable mortgage.

  • Documentary Stamps and Intangible Taxes for each of the Mortgages and the Notes which they secure are paid in full, payment being made at time of recording of each of this Mortgage and the Other Mortgages, as to the amount of the applicable Note which is shown in the “Defined Terms” portion of the applicable mortgage.

  • Buyer shall pay for recording of the Deed; (including Documentary Stamps) and Title Insurance.

  • Annual financial report to County, Intangible Tax and Documentary Stamps to State, annual financial report to State Comptroller.

  • If at any time the State of Florida shall determine that the Documentary Stamps affixed thereto, if any, are insufficient, and that additional Documentary Stamps should be affixed, then Borrower shall pay for the same, together with any interest or penalties imposed in connection with such determination, and Borrower hereby agrees to indemnify and hold Bank harmless therefrom.

  • This instrument was made, executed and delivered outside the State of Florida, and no Florida Documentary Stamps tax is due hereon in accordance with F.A.C. 12B-4.053(35).

Related to Documentary Stamps

  • documentary evidence means any matter expressed or described upon any substance by means of letters, figures or marks intended to be used for the recording of that matter and produced before a court.

  • Documentary material means the original or a copy of any book, record, report, memorandum, paper, communication, tabulation, map, chart, photograph, mechanical transcription, or other tangible document or recording.

  • Documentary draft means a draft to be presented for acceptance or payment if specified documents, certificated securities as defined in section 8102 or instructions for uncertificated securities as defined in section 8102, or other certificates, statements, or the like are to be received by the drawee or other payor before acceptance or payment of the draft.

  • valued added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.