Florida Real Estate Practice Exam

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Test your proficiency for the Florida real estate exam with our comprehensive quiz. Gain confidence and ace your test with our expertly crafted questions.

Practice this question and more.

If you buy a 200,000 dollar house in cash, how much stamp tax will you pay?

$1000
$1200
$1400
$1600

The correct answer is: $1400

Option A, B, and D are incorrect because they are all less than the correct answer. They do not accurately reflect the amount of stamp tax that would be paid for a $200,000 house purchase. Option C is the correct answer because it is the closest to the average amount of stamp tax paid for a $200,000 house purchase, which is typically around 0.7% of the purchase price or $1400.