FL S0752

Exempts first-time homebuyers from documentary stamp taxes on deeds, transfers, and conveyances of residential property purchased for use as a principal residence

Exempts first-time homebuyers from documentary stamp taxes on promissory notes and other written obligations to pay money executed in connection with purchasing a principal residence

Defines "first-time homebuyer" as a person who has not held ownership interest in a principal residence during the 3-year period before the purchase date

Requires the first-time homebuyer to qualify as a "moderate-income person" as defined in Florida Statute 420.602 to receive the tax exemption

Takes effect July 1, 2026