Donación Terreno Within 100 In Florida

State:
Multi-State
Control #:
US-00207
Format:
Word; 
Rich Text
Instant download

Description

The Donación Terreno Agreement in Florida is a legal document that facilitates the donation of land from Owners to a City for the development of an 18-hole golf course. Key features include conditions that must be met for the donation to proceed, such as obtaining approval for the design and location of the course and its amenities. It outlines that the donated property must exclusively serve recreational purposes, ensuring the land remains aligned with its intended use. The agreement highlights the construction timeline, including the requirement to start building within ninety days after approval and to complete the project within two years. Legal safeguards, such as a right of first refusal for Owners on future sales and a reversion clause should the property cease to be used as a golf course, are also prominently featured. Filling this form requires users to provide specific details about the land and conditions agreed upon. This form serves attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured means to formalize a donation, ensuring compliance with legal standards and safeguarding the interests of both parties.
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  • Preview Agreement for Donation of Land to City
  • Preview Agreement for Donation of Land to City
  • Preview Agreement for Donation of Land to City
  • Preview Agreement for Donation of Land to City

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FAQ

Sellers are typically responsible for paying the Florida Documentary Stamp Tax on the deed, while buyers who are financing usually foot the stamp tax bill on the mortgage itself.

United States government agencies; Florida government agencies; and Florida's counties, municipalities, and political subdivisions are exempt from documentary stamp tax.

Exactly who pays the transfer tax in Florida can be negotiated, but usually, the seller is responsible. Clever Real Estate can help you cut costs here — our concierge team will partner you with an experienced agent who can help you negotiate a good deal with your buyer on transfer taxes.

Tax is generally not due if the property is not mortgaged or if the marital home is transferred due to a divorce. Documentary stamp tax is due on the original issuance of bonds in Florida.

$0.70 per $100 of consideration or fraction thereof on deed or other instrument conveying an interest in Real Estate. A minimum of . 70 cents doc stamps must be affixed to deeds which have a consideration of $100 or less.

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Donación Terreno Within 100 In Florida