This article is authorized by § C-4B
of the Town Charter.
The tax imposed by this article shall be paid
from the proceeds of any judicial sale of real estate as part of the
costs of such judgment or estate and of the writ upon which the sale
is made.
The payment of the tax imposed by this article
shall be evidenced by a notation of payment on the document. The collection
agent shall note on the document the payment of the tax, the amount
of payment, the date of payment and the initials of the person receiving
payment and his or her office. Such notation shall be conclusive evidence
of payment as to any subsequent purchaser relying thereon.
No person shall make, execute, deliver, accept
or present for recording or cause to be made, executed, delivered,
accepted or presented for recording any document without the full
amount of tax thereon being duly paid.
In the event the State of Delaware determines
that additional taxes are due under Title 30, Chapter 54, of the Delaware
Code, then additional taxes shall be due to the Town in accordance
with the valuation of the transfer as determined by the state, together
with interest thereon at the local rate. Refunds shall likewise be
determined and paid.