This chapter shall be known as the "Real Property Transfer Tax Ordinance of the City of Wheatland." It is adopted pursuant to Part 6.7 (commencing with Section 11901) of Division 2 of the Revenue and Taxation Code.
(Ord. 190 § 1, 1967)
There is imposed on each deed, instrument or writing by which any lands, tenements, or other realty sold within the city shall be granted, assigned, transferred, or otherwise conveyed to or vested in the purchaser or purchasers or any other person or persons by his or her or their direction when consideration or value of the interest or property conveyed (exclusive of the value of any lien or encumbrances remaining thereon at the time of sale) exceeds one hundred dollars, a tax at the rate of 0.275 cents of each five hundred dollars or fractional part thereof.
(Ord. 190 § 2, 1967)
The tax imposed by Section 3.16.020 of this chapter shall be paid by any person who makes, signs, or issues any document or instrument subject to the tax, or for whose use or benefit the same is made, signed or issued.
(Ord. 190 § 3, 1967)