(A) This subchapter shall be known as the “Realty Transfer Tax Ordinance of the Borough of Cressona”.
(B) A realty transfer tax for general revenue purposes is hereby imposed upon the transfer of real estate or interest in real estate situated within the borough, regardless of where the documents making the transfer are made, executed or delivered, or where the actual settlements on such transfer took place as authorized by Article XI-D, Local Real Estate Transfer Tax, 72 P.S. §§ 8101-D et seq.
(Prior Code, Ch. 24, § 401) (Ord. 249, passed 12-15-1986, § 1)