(A) Tax imposed. There is hereby imposed on each deed, instrument, or writing by which any lands, tenements, or other realty sold within the city shall be granted, assigned, transferred, or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his or their direction, when the consideration or value of the interest or property conveyed (exclusive of the value of any lien or encumbrances remaining thereon at the time of sale) exceeds $100 a tax at the rate of $0.275 for each $500 or fractional part thereof.
('63 Code, § 8-6.02)
(B) Obligation of tax. Any tax imposed pursuant to the provisions of division (A) of this section shall be paid by any person who makes, signs, or issues any document or instrument subject to the tax, or for whose use or benefit the same is made, signed, or issued.
('63 Code, § 8-6.03)
(Ord. 98-C.S., passed 1-1-68)