Florida Department of Revenue Form DR-430 is now a requirement when transferring ownership or control of the entity, such as a corporation or partnership, (rather than the usual title deed) holding fee title to the non-homestead Florida real estate property, whether in Miami-Dade County or other Florida County. The time frame for filing the DR-430 is not defined, but the best course of action would be to file the DR-430 at the time of the transfer of control of the entity. Failure to properly file the Form DR-430 can result in penalties. Do not assume that you can avoid paying transfer tax, or avoid County tax assessment updates, by selling your shares or other interest!
Here is a copy of the Florida Department of Revenue Form DR-430, including the instruction:
Florida Department of Revenue DR-430 now required Page 1
Florida Department of Revenue DR-430 now required Page 2
http://www.southptc.com/florida-closing-cost-calculator.html
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