Fund News and Alerts

Documentary Stamps for "Short Sales"

The Florida Department of Revenue has issued Technical Assistance Advisement No. 08B4-006 dated September 23, 2008 to provide guidance in determining the correct documentary stamp tax on deeds for "short sales". That TAA can be found at: Short Sales TAA for your review and consideration.

09/24/2008

Security Bank, National Association, North Lauderdale, Florida

We have been advised that on Friday, May 4, 2012, the Office of the Comptroller of the Currency closed Security Bank, National Association (N.A.), North Lauderdale, Florida and the Federal Deposit Insurance Corporation (FDIC) was named receiver. All deposits have been transferred to Banesco USA, Coral Gables, Florida and will be available immediately.

05/12/2008