[Ord. 753, 12/12/2006]
This Part 6 shall be known and may be cited as the "Realty Transfer Tax Ordinance."
[Ord. 753, 12/12/2006]
For general revenue purposes, a tax is imposed upon every transfer of real property situated in the Borough of Beaver which is not expressly exempted or excluded from taxation by state law.
[Ord. 753, 12/12/2006]
The rate of such tax is hereby fixed at 1% of the value of the real property transferred.
[Ord. 753, 12/12/2006]
1. 
As used in this Part 6, the terms "real property" and "real estate" are synonymous.
2. 
The definitions set forth in Article XI-C of the Tax Reform Code of 1971 (Act No. 2 of 1971, as amended) are incorporated here.
[Ord. 753, 12/12/2006]
1. 
The tax imposed under this Part 6 shall be administered, collected and enforced pursuant to Article XI-D of the Tax Reform Code of 1971 (Act No. 2 of 1971, as amended) and the Local Tax Enabling Act (Act No. 511 of 1965, as amended). All pertinent provisions of such statutes are incorporated into this Part 6.
2. 
In the event and to the extent of any inconsistency between the aforesaid statutes, the pertinent provision(s) of the Tax Reform Code of 1971 shall control.
[Ord. 753, 12/12/2006]
In the event that the tax is not paid when due, it shall bear interest at the rate of 6% per year until the date full payment is actually received.
[Ord. 753, 12/12/2006]
Any person who commits a summary offense under this Part shall be sentenced to pay a fine of not less than $300 nor more than $600, plus all costs of prosecution, or in default of payment, to undergo imprisonment for not less than 15 nor more than 30 days.
[Ord. 753, 12/12/2006]
The various provisions of this Part shall be severable from each other, so that if any provision is finally determined to be illegal or invalid, either generally or in particular application, the efficacy of the remaining provisions shall not be impaired.