Documentary Stamps ( aka. Doc Stamps ) are a state tax, in the forms of stamps, required to be paid on all deeds and promissory notes when real estate title conveys from one owner to another. Taxes on deeds are mandatory regardless if the purchase is all cash or done through financing and is based on the purchase price.

In Florida and several other states, the doc stamps on the deed is .70 for each $100 in full. (figures might vary by state)

Example: If your home sells for $200,000, the doc stamps on the deed would be:
$200,000 / $100 =  2000 taxable increments
2000 x $.70 = $1,400 doc stamps on the deed

Documentary Stamps are required on all notes executed and written promises to pay money.

In Florida and several other states, the doc stamps on a note is .35 for each $100 of the promissory note. (figures might vary by state)

Example: A home sells for $200,000. The buyer pays $20,000 in cash, assumes a recorded mortgage for $100,000 and creates a second mortgage for $80,000. The doc stamps on the note would be:
$100,000 / $100 = 1000 taxable increments x $.35 = $1,035
$80,000 / $100 = 800 taxable increments x $.35 = $280
$1,035 + $280 = $1315 doc stamps on the notes