Mortgage Lien Tax

J2resorts

New member
Sep 9, 2008
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After extensively investigating buyer financing relating to titled real estate property in the DR we have been informed that the Land Court charges 1.5% of the mortgage in tax to record the mortgage lien.

We would like to confirm customer experiences in this process, the actual tax and the government agencies involved for the purpose of fully disclosing all costs as part of the transaction.

Thanks in advance.