The tax imposed by this chapter shall be fully paid, out of the proceeds of any judicial sale of real estate and shall have priority before any other obligation, claim, lien, judgment, estate or costs of the sale and of the writ upon which the sale is made, except for the State Realty Transfer Tax. The sheriff or other officer conducting said sale shall pay the tax herein imposed out of the first monies paid in connection therewith. If the proceeds of the sale are insufficient to pay the entire tax herein imposed, the purchaser shall be liable for the remaining tax.
(Ord. 2008. Passed 3-17-87.)