Deed preparation and documentary stamps on the deed are customarily a:

When it comes to real estate transactions in Florida, the preparation of the deed and the associated documentary stamp taxes are typically the responsibility of the seller. This custom reflects the understanding that the seller is conveying their ownership rights to the buyer, and in doing so, they incur the costs related to the preparation of legal documents.

Because the seller is the party providing the deed, it makes sense for the costs related to that deed’s preparation to be debited from the seller’s proceeds at closing. In real estate terminology, a "debit" represents an amount that is subtracted, which, in this case, corresponds to the seller’s total settlement statement where various costs are itemized.

This customary practice ensures clarity in financial responsibilities during the transaction process, with the seller being accountable for their share of costs associated with legally transferring property ownership. Understanding this helps in calculating the financial elements involved in closing a real estate deal in Florida.