Every person who makes, executes, delivers, accepts or presents for recording any document, or in whose behalf any document is made, executed, delivered, accepted or presented for recording, shall be subject to pay for and in respect to the transaction or any part thereof, or for and in respect of the vellum parchment or paper upon which such document is written or printed, a tax payable to the Borough of Swarthmore, Delaware County, Pennsylvania, at the rate of one percent of the value of the real estate represented by such document. Such tax shall be payable at the earliest of the time the document is presented for recording, within thirty days of acceptance of such document or within thirty days of becoming an acquired company.
(Ord. 851. Passed 10-11-88.)