FOLLAND & ASSOCIATES » Florida DR-430 http://www.southptc.com/miamicondo MIAMI CONDO REAL ESTATE NEWS Wed, 19 Aug 2009 20:07:12 +0000 en hourly 1 Just another WordPress weblog No No Florida DR-430 Notice of Change of Control of Property http://www.southptc.com/miamicondo/2009/04/24/florida-dr-430-notice-of-change-of-control-of-property/ http://www.southptc.com/miamicondo/2009/04/24/florida-dr-430-notice-of-change-of-control-of-property/#comments Fri, 24 Apr 2009 18:15:33 +0000 Christian N. Folland, Esq. http://www.southptc.com/miamicondo/?p=150 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: 

dr 430 form page 1 778x1024 Florida DR 430 Notice of Change of Control of Property

Florida Department of Revenue DR-430 now required Page 1

 

 

dr 430 form page 2 781x1024 Florida DR 430 Notice of Change of Control of Property

Florida Department of Revenue DR-430 now required Page 2

 

 

http://www.southptc.com/florida-closing-cost-calculator.html

http://www.southptc.com/title-company-miami.html

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