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Don’t Pay Unnecessary Documentary Stamp and Intangible Taxes. April 2, the imposition of documentary stamp and non-recurring intangible personal property taxes on Florida real estate loan transactions is one way that the State provides for additional revenue.. berger singerman Offices.

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By: Edward L. Kelly While failure to pay Florida’s documentary stamp taxes on a promissory note or mortgage can subject the offender to criminal and financial sanctions, the state’s courts of appeal are split when it comes to determining whether Florida law permits enforcement of a note or mortgage when those taxes remain unpaid.

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Don’t Pay Unnecessary Documentary Stamp and Intangible Taxes – Berger Singerman Law Blog A note made or delivered in Florida and secured by a leasehold mortgage will be subject to documentary stamp taxes but is not subject to the non-recurring intangible tax.

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