Who is typically responsible for paying the documentary stamp tax on a deed?

The seller is typically responsible for paying the documentary stamp tax on a deed. This tax is imposed on the transfer of real property and is commonly viewed as a cost associated with the transaction's completion. Traditionally, in many jurisdictions, the seller bears this financial responsibility as it is part of the closing costs that are generally negotiated during the sale process. Understanding this division of costs is crucial for both parties involved in a real estate transaction, as it influences financial planning and negotiations prior to closing. Other parties involved, such as the buyer, real estate broker, or title company, do not usually hold this responsibility under common practices, although specific agreements can vary based on local customs or negotiations between the parties.