A. A tax is imposed on the transfer of title to real estate located within the corporate limits of the Village as evidenced by the recordation of a deed or by the delivery of any deed by any person, and a tax is imposed on the transfer of the beneficial or other interest in real estate located within the corporate limits of the Village as evidenced by the recordation of any assignment or facsimile, whether investing the owner with the beneficial interest in or legal title to said property or merely the possession or use thereof for any purpose or the future transfer of any such real property or beneficial interest.
B. The tax imposed shall be three dollars ($3.00) per one thousand dollars ($1,000.00) of value or fraction thereof for each transfer as stated in the declaration. (Ord. 94-24, 3-15-94)