Florida Regulations 12C-2.011: Administration
Current as of: 2024 | Check for updates
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(1) Nonrecurring Tax – Payments made directly to Department.
Only nonrecurring tax due on obligations or advances made under instruments which have been previously recorded or which are not normally recorded or which are not normally taxed at the time of recording may be paid directly to the Department. This will include, but will not be limited to, tax payments due on an advance made under a future advance clause of a recorded mortgage on real property, advances made under a revolving line of credit secured by a recorded mortgage on real property, or the obligation created under an agreement or contract for deed.
(2) Persons paying the nonrecurring tax directly to the Department are required to file a report using the format described below to report and pay the tax:
(a)1. Include the taxpayer’s name, mailing address, city and state, and the taxpayer’s identification number.
2. Identify the obligation for which tax is being paid, including the following:
a. The name of the obligor;
b. The county in which the real property is located;
c. The official record book and page number of the recording, if any;
d. The parcel number assigned by the county property appraiser or legal description;
e. The amount on which tax is being paid;
f. The date on which obligation or advance was made; and,
g. The amount of tax.
(b) Taxpayers must mail these tax payments to the Florida Department of Revenue, 5050 West Tennessee Street, Tallahassee, Florida 32399-0100 or may be presented to a local office of the Department of Revenue.
Rulemaking Authority 199.135(2), 199.202, 213.06(1) FS. Law Implemented 199.133, 199.135, 199.232, 199.292 FS. History-New 4-17-72, Amended 9-26-77, 10-16-80, Formerly 12C-2.11, Amended 11-21-91, 1-28-08.
Only nonrecurring tax due on obligations or advances made under instruments which have been previously recorded or which are not normally recorded or which are not normally taxed at the time of recording may be paid directly to the Department. This will include, but will not be limited to, tax payments due on an advance made under a future advance clause of a recorded mortgage on real property, advances made under a revolving line of credit secured by a recorded mortgage on real property, or the obligation created under an agreement or contract for deed.
Terms Used In Florida Regulations 12C-2.011
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a)1. Include the taxpayer’s name, mailing address, city and state, and the taxpayer’s identification number.
2. Identify the obligation for which tax is being paid, including the following:
a. The name of the obligor;
b. The county in which the real property is located;
c. The official record book and page number of the recording, if any;
d. The parcel number assigned by the county property appraiser or legal description;
e. The amount on which tax is being paid;
f. The date on which obligation or advance was made; and,
g. The amount of tax.
(b) Taxpayers must mail these tax payments to the Florida Department of Revenue, 5050 West Tennessee Street, Tallahassee, Florida 32399-0100 or may be presented to a local office of the Department of Revenue.
Rulemaking Authority 199.135(2), 199.202, 213.06(1) FS. Law Implemented 199.133, 199.135, 199.232, 199.292 FS. History-New 4-17-72, Amended 9-26-77, 10-16-80, Formerly 12C-2.11, Amended 11-21-91, 1-28-08.