This chapter shall not apply to the following transfers of residential housing:
A. The sale, exchange, or other transfer of residential housing which was constructed pursuant to a building permit issued on or after July 1, 1991;
B. The sale, exchange, or other transfer of residential housing which was constructed pursuant to a building permit issued before July 1, 1991, and which was previously inspected and certified within the ten year period immediately preceding the sale, exchange or transfer as being in compliance with the energy conservation standards adopted by this chapter;
C. Sales, exchanges, or other transfers of residential housing pursuant to a court order, including, but not limited to sales, exchanges, or other transfers ordered by a probate court incident to the administration of an estate, sales or other transfers made pursuant to a writ of execution, sales in any judicial foreclosure sale, sales, exchanges, or other transfers by a trustee in bankruptcy, and sales, exchanges, or other transfers resulting from a decree for specific performance;
D. Sales or other transfers of residential housing to a mortgagee by a mortgagor in default, sales or other transfers to a beneficiary of a deed of trust by a trustor who is in default, and sales in any nonjudicial foreclosure sale after a default in the obligations secured by a mortgage, deed of trust, or other instrument containing such power of sale;
E. Sales or other transfers of residential housing from one co-owner to one or more other co-owners;
F. Sales or other transfers of residential housing made to a spouse, or to a person or persons in the lineal line of consanguinity of one or more of the transferor;
G. Sales or other transfers of residential housing between spouses resulting from a decree of dissolution of marriage or a decree of legal separation, or from a property settlement agreement incident to such a decree; and
H. Sales which are short sales. Short sales are defined as sales in which the purchase price paid by the buyer of the property is less than the amount of the debt secured by the property.
(Ord. 1843 §1 (part), Ord. 2415 §1)