Gustine Municipal Code Ch. 3 Real Property Transfer Tax

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State Law reference— Documentary Transfer Tax Act, Revenue and Taxation Code § 11901 et seq.

There is hereby 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 $100.00 a tax at the rate of $0.275 for each $500.00 or fractional part thereof.

(Code 1966, § 3-6.02)

State Law reference— Authority for above tax, Revenue and Taxation Code § 11911 et seq.

Any tax imposed pursuant to the provisions of section 9-3-1 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.

(Code 1966, § 3-6.03)

The tax levied by this article is subject to the exemptions provided for in Revenue and Taxation Code div. 2, pt. 6.7, ch. 3 (Revenue and Taxation Code § 11921 et seq.).

(Code 1966, §§ 3-6.04—3-6.08)

The county recorder shall administer the provisions of this chapter in conformity with the provisions of Revenue and Taxation Code div. 2, pt. 6.7 (Revenue and Taxation Code § 11901 et seq.) and the provisions of any county ordinance adopted pursuant thereto.

(Code 1966, § 3-6.09)

Claims for the refund of taxes imposed pursuant to the provisions of this chapter shall be governed by the provisions of Revenue and Taxation Code div. 1, pt. 9, ch. 5 (Revenue and Taxation Code § 5096 et seq.).

(Code 1966, § 3-6.10)

State Law reference— Similar provisions, Revenue and Taxation Code § 5096 et seq.