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 Wheaton
 Code of Ordinances
 Chapter 66. TAXATION
 Article VII. REAL ESTATE TRANSFER TAX

  § 66-194. Refund of tax.  

Latest version.

  • A grantee, buyer, assignee or transferee who has paid the tax provided for in this article shall be entitled to a refund if:

    (1)

    Such grantee, buyer, assignee or transferee was a resident of a single-family dwelling or condominium unit, or owner of a commercial or retail business within the corporate limits of the city and sold said property within one year prior to the purchase of an owner-occupied single-family dwelling or condominium unit or owner-occupied retail business within the city and which is subject to the tax provided in this article.

    (2)

    A grantee, buyer, assignee or transferee who has paid the tax provided for in this article shall be entitled to a refund of such tax if at least one of the grantees is the natural born or adopted child of one of the grantors of the real property which is the subject of the transfer and tax. The forms and procedures pertaining to a refund of the tax shall be promulgated by the director of finance.

(Code 1968, § 23-59; Code 1996, § 66-194; Ord. No. E-4097, 6-5-1995; Ord. No. F-0842, § 4, 9-15-2003)