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<br />ORDINANCE NO. V / I <br />ORDINANCE <br />RELA TING TO SALES OF REAL ESTATE AND LEVYING AN EXCISE TAX THEREDN <br /> <br />BE IT ORDAINED by the Board of County Commissioners of Jefferson <br />County, State of Washington, that Ordi nance Number 4 is hereby amended to <br />read as follows: <br /> <br />SECTION I <br /> <br />"Sale" shall have it s ordinary meaning and shall in addition include <br />any conveyance, grant, assignment, quit-claim, or transfer of ownership of <br />or ti tIe to real property, incl uding standing timber, or any estate or intere~ <br />therein, for a valuable consideration and any contract for such grant, assign- <br />ment, quit-claim or transfer, and any lease with an option to purchase real <br />property, including standing timber, or any estate or interest therein or <br />other contract under which possession of the property is ~iven to the purchas- <br />er or a ny other person by his direction while title is retained by the seller <br />as security and the payment of the purchase price, but shall not include <br />transfers by gift, devise, or inheritance, nor a sale by or to the United <br />States, the State of Washington, or any political subdivision thereof or a <br />municipal corporation of this State, nor a transfer by appropriation or decree <br />in condemnation proceedings brought by the United States, the State or any <br />political subdivisions thereof or a municipal corporation, nor a mortgage <br />or other transfer of the interest in real property merely to secure a debt, <br />nor the assignment thereof, nor any transfer or conveyance made pursuant to <br />an order of sale by the Court in any mortgage or lien foreclosure proceeding <br />or upon execution of judgment, or a deed in lieu of foreclosure to satisfy a <br />mortgage or a conveyance to the Federal Housing Administration or Veterans' <br />Administration by an authorized mortgagee made pursuant to a contract of <br />insurance or guaranty with the Federal Housing Administration, nor a transfer <br />or assignment of a vendor's interest in a contract for the sale of real <br />property even though accompanied by a conveyance of the vendor's interest <br />in the real property involved !!!!, nor a transfer in compliance with the <br />terms of any lease or contract upon which a tax as imposed by this ordinance <br />has been paid or where such lease or contract was entered into prior to May 1, <br />1951, nor the sale of any grave or lot in an established cemetery. <br /> <br />"Seller" shall include any individual, assignee receiver, trustee in <br />bankruptcy trust, estate, firm, co-partnership, joint venture, club, company, <br />joint stock company, business trust, corporation, municipal or quasi-municipal <br />corporation, association, society, or any group of individuals acting as a <br />unit, w~her mutual, co-operative, fraternal, non-profit or otherwise, but <br />shall not include the United States or the State of Washington, or any politic; <br />subdivisions of the State of Washington and municipal corporations of this <br />State. <br /> <br />"Selling price" shall mean the consideration, in money or anything of <br />value, paid or delivered or contracted to be paid or delivered in return for <br />the transfer of the real property or estate or interest therein and shall <br />include the amount of any lien, mortgage, contract, indebtedness, or other <br />incumbrance given to secure payment of the purchase price or any part thereof, <br />or remaining unpaid on such property a t the time of such sale, including the <br />amount of any lien or encumbrance existing against the property and agreed <br />to be paid by the purchaser, but shall not include the amount of any outstand- <br />ing lien or encumbrance in favor of the United States, the state, or a municip~ <br />al corporation for taxes, special benefi ts, or improvements. <br /> <br />SECTION II. <br /> <br />There is hereby levied and there shell be collected by the Treasurer on <br />each sale of any real property si tuat~n in Jefferson County a tax equal to <br />one per cent of the selling price. <br /> <br />SECTION III <br /> <br />The tax imposed by this ordinance shall be the obligation of the seller <br />