The real property transfer tax shall not be imposed upon the following transfers:
A. Wills.
B. Leases.
C. Mortgages.
D. Conveyances to a trustee under a recorded trust agreement for the express purpose of holding title in trust as security for debt contracted at the time of the conveyance, under which the trustee is not the lender, and requiring the trustee to make reconveyance to the grantor-borrower upon the payment of the debt.
E. Transfers between husband and wife.
F. Transfers between persons who were previously husband and wife but who have since been divorced, provided 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, except that a subsequent transfer by the grantee within one year shall be subject to tax as if the grantor were making such transfer.
G. Transfer between parent and child or the spouse of such child, between brother or sister or spouse of a brother or sister and brother or 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.
H. Correctional deeds without consideration.
I. Transfers by and between a principal and straw party for the purpose of placing a mortgage, or ground rent upon the premises.
J. Transfers from a purchase money mortgagor to the vendor holding the purchase money mortgage, whether pursuant to a foreclosure or in lieu thereof.
K. Transfers from the commonwealth or political subdivisions or from authorities created by the commonwealth or political subdivision to any of such public bodies.
L. Conveyances to political subdivisions pursuant to acquisition by the political subdivision of tax delinquent properties at any sheriff's sale.
M. Transfers to the United States, the commonwealth, or to any of their instrumentalities by gift or dedication, or by deed of confirmation in connection with a gift, dedication, condemnation proceeding or in lieu thereof, or reconveyance by a condemning body of the property condemned to the owner of record at the time of condemnation, which reconveyance may include property line adjustments, provided the reconveyance is made within one year of the date of condemnation.
N. Transfers between religious organizations or other bodies or persons holding title to real estate for a religious organization if the real estate is not being or has not been used by such transferor for commercial purposes.
O. Transfer between corporations operating housing projects pursuant to the Housing and Redevelopment Assistance Law
3
and the shareholders thereof.
P. Transfers to nonprofit industrial development agencies.
Q. Transfers between nonprofit industrial development agencies and industrial corporations purchasing from them.
R. Transfers from a political subdivision or public authority, created under the laws of the Commonwealth of Pennsylvania, of a multipurpose stadium to a private entity or person.
S. Transfers for no or nominal actual consideration.
(1) Transfer for no or nominal actual consideration to a trustee of a living trust from the settlor of the living trust. No such exemption shall be granted unless the Recorder of Deeds is presented with a copy of the living trust instrument.
(2) Transfer for no or nominal actual consideration from a trustee of a living trust after the death of the settlor of the trust or from a trustee of a trust created pursuant to the will of a decedent to a beneficiary to whom the property is devised or bequeathed.
(3) Transfer for no or nominal actual consideration from the trustee of a living trust to the settlor of the living trust if such property was originally conveyed to the trustee by the settlor.
3. Editor's Note: See 35 P.S. § 1661 et seq.