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Intangible Tax, Class "C" Real Estate
Mortgages
Intangible tax on notes, bonds or other obligations for payment of
money secured by mortgage, deed of trust of other written specific
lien in the nature of a mortgage upon real property shall be paid,
at the time of recording, to the Clerk of the Circuit Court F.S.
199.052(7)(a).
| 1. |
Rate of 2 mills
(.002) per dollar on the amount of the mortgage, or the amount
financed (i.e. $2.00 on mortgage of $1,000.00). |
| 2. |
Amount is
computed to the nearest cent (i.e. $1.51 tax on $752.63). |
| 3. |
Intangible tax
must be paid within 30 days from date of acknowledgment;
otherwise, penalty and interest becomes due F.S. 199. |
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Charlotte County,
FL
