Ordinance 95-1B : Real Estate Transfer Tax-Delaware Code

Those provisions of Section 5401 and 5403, Title 30, Delaware Code, shall be applicable to any Real Estate Transfer Tax imposed pursuant to this ordinance.

Transfer of real property situated only in part within the Corporate Limits of the Town of Townsend, Delaware, shall be taxed only on that percentage of value of square feet of land, building, or both that lay within such limits.

First Reading: December 5, 1995; Second Reading: February 6, 1996; Signed by Town Council President: Max Yealey; Signed: February 6, 1996



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