(a) The tax imposed by Section 886.03 shall not be imposed upon:
(1) A transfer to the Commonwealth, or any of its instrumentalities, agencies or political subdivisions, by gift, dedication or deed, in lieu of condemnation or deed of confirmation in connection with condemnation proceedings, or a reconveyance by the condemning body of the property condemned to the owner of record at the time of condemnation, which reconveyance may include property line adjustments, provided that said reconveyance is made within one year from the date of condemnation;
(2) A document which the Borough is prohibited from taxing under the Constitution or statutes of the United States;
(3) A conveyance to a municipality, township, school district or county, pursuant to acquisition by such municipality, township, school district or county of a tax delinquent property at sheriff sale or Tax Claim Bureau sale;
(4) A transfer, for no or nominal actual consideration, which corrects or confirms a transfer previously recorded, but which does not extend or limit existing record legal title or interest;
(5) A transfer or division in kind, for no or nominal actual consideration, of property passed by testate or intestate succession and held by cotenants, provided, however, that if any of the parties take shares greater in value than his or her undivided interest, tax shall be due on the excess;
(6) A transfer between husband and wife; between persons who were previously husband and wife who have since been divorced, provided that the property or interest therein subject to such transfer was acquired by the husband and wife or husband or wife prior to the granting of the final decree in divorce; between parent and child or the spouse of such child; between brother and sister or the spouse of a brother or sister; and between a grandparent and grandchild or the spouse of such grandchild; except that a subsequent transfer by the grantee within one year shall be subject to tax as if the grantor were making such transfer;
(7) A transfer, for no or nominal actual consideration, of property passing by testate or intestate succession from a personal representative of a descendant to the descendants, devisee or heir;
(8) A transfer, for no or nominal actual consideration, to a trustee of an ordinary trust, where the transfer of the same property would be exempt if the transfer was made directly from the grantor to all of the possible beneficiaries, whether or not such beneficiaries are contingent or specifically named. No such exemption shall be granted unless the Recorder of deeds is presented with a copy of the trust instrument that clearly identifies the grantor and all possible beneficiaries;
(9) A transfer, for no or nominal consideration, from a trustee to a beneficiary of an ordinary trust;
(10) A transfer, for no or nominal actual consideration, from a trustee to a successor trustee;
(11) A transfer:
A. For no or nominal actual consideration, between a principal and agent or a straw party; or
B. From or to an agent or straw party where, if the agent or straw party were the principal, no tax would be imposed under this chapter. Where the document by which title is acquired by a grantee or the statement of value fails to set forth that the property was acquired by the grantee from, or for the benefit of, his or her principal, there is a rebuttable presumption that the property is the property of the grantee in his or her individual capacity if the grantee claims an exemption from taxation under this paragraph;
(12) A transfer made pursuant to the statutory merger or consolidation of a corporation or the statutory division of a non-profit corporation, except where the State Department of Revenue reasonably determines that the primary intent for such merger, consolidation or division is avoidance of the tax imposed by this chapter;
(13) A transfer from a corporation or association of real estate held of record in the name of the corporation or association where the grantee owns stock of the corporation or an interest in the association in the same proportion as his or her interest in or ownership of the real estate being conveyed, and where the stock of the corporation or the interest in the association has been held by the grantee for more than two years;
(14) A transfer from a nonprofit industrial development agency or authority to a grantee of property conveyed by the grantee to that agency or authority as security for a debt of the grantee or a transfer to a nonprofit industrial development agency or authority;
(15) A transfer from a nonprofit industrial development agency or authority to a grantee purchasing directly from it, but only if:
A. The grantee shall directly use such real estate for the primary purpose of manufacturing, fabricating, compounding, processing, publishing, research and development, transportation, energy conversion, energy production, pollution control, warehousing or agriculture; and
B. The agency or authority has the full ownership interest in the real estate being transferred;
(16) A transfer by a mortgagor to the holder of a bona fide mortgage in default in lieu of a foreclosure, or a transfer pursuant to a judicial sale in which the successful bidder is the bona fide holder of a mortgage, unless the holder assigns the bid to another person;
(17) Any transfer between religious organizations or other bodies or persons holding title for a religious organization, if such real estate is not being or has not been used by such transferor for commercial purposes;
(18) A transfer to a conservancy which possesses a tax exempt status pursuant to Section 501(c)(3) of the Internal Revenue Code of 1954, (68A Stat. 3, 26 U.S.C. 501(c)(3)), and which has as its primary purpose preservation of land for historic, recreational, scenic, agricultural or open space opportunities;
(19) A transfer of real estate devoted to the business of agriculture to a family farm corporation by a member of the same family which directly owns at least seventy-five percent of each class of the stock thereof;
(20) A transfer between members of the same family of an ownership interest in a real estate company or family farm corporation;
(21) A transfer whereon the tax due is one dollar ($1.00) or less; and
(22) Leases for the production or extraction of coal, oil, natural gas or minerals and assignments thereof.
(b) In order to exercise any exclusion provided in this section, the true, full and complete value of the transfer shall be shown on the statement of value. A copy of the Pennsylvania Realty Transfer Tax Statement of Value may be submitted for this purpose. For leases of coal, oil, natural gas or minerals, the statement of value may be limited to an explanation of the reason such document is not subject to tax under this chapter.
(Ord. 2008. Passed 3-17-87.)