This chapter shall be known as the "Uniform Real Property Transfer
Tax Ordinance" of the city. It is adopted pursuant to the authority
contained in Part 6.7 (commencing with Section 11901) of Division
2 of the
Revenue and Taxation Code of the state.
(Ord. 2 § 1, 1977)
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 their direction, when the 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 twenty-seven and one-half cents for each five
hundred dollars or fractional part thereof.
(Ord. 2 § 2, 1977)
Any tax imposed pursuant to Section
3.12.030 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. 2 § 3, 1977)
Any tax imposed pursuant to this chapter shall not apply to
any instrument in writing given to secure a debt.
(Ord. 2 § 4, 1977)
The United States or any agency or instrumentality thereof,
any state or territory, or political subdivision thereof, or the District
of Columbia shall not be liable for any tax imposed pursuant to this
chapter with respect to any deed, instrument, or writing to which
it is a party, and when it is acquiring title, but the tax may be
collected by assessment from any other party liable therefor.
(Ord. 2 § 5, 1977)
Any tax imposed pursuant to this chapter shall not apply to
the making or delivery of conveyances to make effective any order
of the Securities and Exchange Commission, as defined in Subdivision
(a) of Section 1083 of the Internal Revenue Code of 1954; but only
if:
A. The order of the Securities and Exchange Commission in obedience to which such conveyance is made recites that such conveyance is necessary or appropriate to effectuate the provisions of Section 79k of Title
15 of the United States Code, relating to the Public Utility Holding Company Act of 1935;
B. Such
order specifies the property which is ordered to be conveyed;
C. Such
conveyance is made in obedience to such order.
(Ord. 2 § 7, 1977)
Any tax imposed pursuant to this part shall not apply with respect
to any deed, instrument, or writing to a beneficiary or mortgagee,
which is taken from the mortgagor or trustor as a result of or in
lieu of foreclosure; provided, that such tax shall apply to the extent
that the consideration exceeds the unpaid debt, including accrued
interest and cost of foreclosure. Consideration, unpaid debt amount
and identification of grantee as beneficiary or mortgagee shall be
noted on said deed, instrument or writing or stated in an affidavit
or declaration under penalty of perjury for tax purposes.
The county recorder shall administer this chapter in conformity
with the provisions of Part 6.7 of Division 2 of the Revenue and Taxation
Code and the provisions of any county ordinance adopted pursuant thereto.
(Ord. 2 § 9, 1977)
Claims for refund of taxes imposed pursuant to this chapter
shall be governed by the provisions of Chapter 5 (commencing with
Section 5096) of Part 9 of Division 1 of the Revenue and Taxation
Code of the state.
(Ord. 2 § 10, 1977)
Any tax imposed pursuant to this part shall not apply with respect
to any deed, instrument, or other writing which purports to transfer,
divide, or allocate community, quasi-community, or quasi-marital property
assets between spouses for the purpose of effective a division of
community, quasi-community, or quasi-marital property which is required
by a judgment decreeing a dissolution of the marriage or legal separation,
by a judgment of nullity, or by any other judgment or order rendered
pursuant to Part 5 (commencing with Section 4000) of Division of the
Civil Code or by a written agreement between the spouses, executed
in contemplation of any such judgment or order whether or not the
written agreement is incorporated as part of any of those judgments
or orders. In order to qualify for the exemption provided in this
section, the deed, instrument, or other writing shall include a written
recital, signed by either spouse, stating that the deed, instrument
or other writing is entitled to the exemption.
(Ord. 190, 1991)
Any tax imposed pursuant to this part shall not apply with respect
to any deed, instrument, or other writing by which realty is conveyed
by the state of California, any political subdivision thereof, pursuant
to an agreement whereby the purchaser agrees to immediately reconvey
the realty to the exempt agency.
(Ord. 190, 1991)
Any tax imposed pursuant to this part shall not apply with respect
to any deed, instrument, or other writing by which the state of California,
any political subdivision thereof, or agency or instrumentality of
either thereof, conveys to a nonprofit corporation realty the acquisition,
construction, or improvement of which was financed or refinanced by
obligations issued by the nonprofit corporation on behalf of a government
unit, within the meaning of Section 1.103-1(b) of Title 26 of the
Code of Federal Regulations.
(Ord. 190, 1991)