Question

In the absence of any agreement between the parties, the state documentary stamp tax on the deed is paid by the

a. attorney.
b. broker.
c. seller.
d. state

Answer 1

In the absence of any agreement between the parties, the state documentary stamp tax on the deed is usually paid by the seller.

Step-by-step explanation:

In the absence of any agreement between the parties, the state documentary stamp tax on the deed is usually paid by the seller. The seller is responsible for paying this tax unless there is a specific agreement stating otherwise. This tax is typically a percentage of the sale price of the property and is imposed by the state government.