For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
ASSOCIATION. A partnership, limited partnership or any other form of unincorporated enterprise, owned or conducted by two or more persons.
COLLECTOR. The person designated by the Antis Township Supervisors, in accordance with other provisions hereof, to collect and evidence payment of the tax imposed hereby.
CORPORATION. A corporation or joint-stock association, organized under the laws of the Commonwealth of Pennsylvania, the United States or any other state, territory or foreign country or dependency, including but not limited to banking institutions.
DOCUMENT. Any deed, instrument or writing whereby any real estate or interest therein within the township is conveyed or transferred to a grantee or purchaser or other person, but does not include wills, leases, mortgages or sale of real estate under agreement, commonly called an “article of agreement”.
PERSON. Every natural person, association or corporation. Whenever used in any clause prescribing and imposing a fine or imprisonment or both, the word PERSON, as applied to associations, shall mean the partners or members thereof and, as applied to corporations, the officers thereof.
STAMP. An indelible endorsement affixed to the document, showing amount of and payment of tax due hereunder, date of payment, identity of payor and verified by the signature or initials of the Collector of this tax.
TRANSACTION. The making, executing, delivering, accepting or presenting for recording of a document, as herein defined, and closing and settlement of sale of real estate.
VALUE. In the case of any document conveying or transferring real estate or any interest therein, the amount of the actual consideration therefor, including liens or other encumbrances thereon, or a commensurate part of the liens or other encumbrances thereon where such liens or other encumbrances also encumber or are charged against other real estate or any interest therein, provided that in the case of gift, except between persons exempted by this subchapter, or other document without consideration, VALUE shall be the actual monetary worth of the real estate or interest therein as determined by the current county appraisal of market value of the real estate.
(1987 Code, § 114-39) (Ord. 241, passed 3-7-1960)