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PRESENTATION OF DATA 17 <br /> equitable title). If the property is owned by a corporation, LLC, partnership or other such <br /> entity, the cap will also be lost upon a transfer of more than 50% of the ownership in that <br /> entity. Thus, a stock transfer may also trigger loss of the cap and re-assessment of the <br /> property at fair market value. However, in 2010, the legislature amended the statute to <br /> create an exception for publicly-traded companies if the transfer of the shares occurs <br /> through the buying and selling of shares on a public exchange. <br /> Delinquent Taxes <br /> According to the Miami-Dade County Tax Collector, there are no delinquent taxes owed <br /> on the subject property. <br /> Clobus, McLemore & Duke, Inc. <br />