Florida Real Estate Practice Exam

How much are documentation stamps on the deed?

1. 50 cents per $100

2. 70 cents per $100

3. 80 cents per $100

4. 90 cents per $100

The correct answer is: 70 cents per $100

Although options A, C, and D are similar in that they all involve a price per $100, they are all incorrect because they are not equal to the statewide requirement of 70 cents per $100 for documentation stamps on a deed. This means that for every $100 of the property's value, 70 cents must be paid towards documentation stamps. Option B is the correct answer because it equals the required amount of 70 cents per $100.