A grantor, seller, assignor or transferor who has paid the tax provided for in this article shall be entitled to a refund of such tax in the event such grantor, seller, assignor or transferor satisfies all of the following requirements:
(A) He or she was the grantor or occupier of a property, including residential, commercial or industrial property within the corporate limits of the village as to which taxes were paid pursuant to this article;
(B) He or she did not rent or lease any portion of the previously owned dwelling or real estate to another person or persons and must have resided in the house being sold for a period of one year within the last three years prior to sale;
(C) He or she has purchased and occupies at the date of the application for refund another property within the village as a replacement for the property sold; and
(D) He or she makes the application for refund not later than one year after the tax payment has been made and provides adequate evidence of the fulfillment of each requirement of a refund.
(Ord. 92-04-41, passed 4-14-1992; Ord. 93-02-18, passed 2-23-1993; Ord. 2005-08-45, passed 8-15-2005)