District Of Columbia § 42-1102 - Deeds exempt from tax.

Repealed;

Deeds to property acquired by the United States of America or the District of Columbia, unless its taxation has been authorized by Congress;

Deeds to real property acquired by an institution, organization, corporation, or government entitled to exemption from real property taxation under (or exempt from recordation taxes under a law of the United States of America or the District of Columbia); provided, that, unless waived by regulation, a copy of a filed real property tax exemption application accompanies the deed at the time of recordation; provided further, that this exemption shall not apply to property which is exempt under or ;

Deeds to property acquired by an institution, organization, corporation, or association entitled to exemption from real property taxation by special act of Congress, which property was acquired solely for a purpose or purposes for which such special exemption was granted; provided, that a return, under oath, showing the purpose or purposes for which such property was acquired, shall accompany the deed at the time of its offer for recordation;

A purchase money mortgage or purchase money deed of trust that is recorded simultaneously with the deed conveying the real property for which the purchase money mortgage or purchase money deed of trust was obtained;

Supplemental deeds;

Deeds between spouses, parent and child, grandparent and grandchild, or domestic partners, as defined in , without actual consideration therefor;

Tax deeds;

Deeds of release of property which is security for a debt or other obligation;

Deeds of personal representatives of decedents, acting under the provisions of Title 20, transferring to a distributee, without additional consideration, real property of a decedent or a life estate in the real property;

When a permanent loan deed of trust or mortgage is submitted for recordation and the tax on the construction loan deed of trust or mortgage has been timely and properly paid, no additional tax liability arises under , except where the amount of the obligor’s liability secured by the permanent loan deed of trust or mortgage exceeds the amount of his liability secured by the construction loan deed of trust or mortgage, in which case the tax shall be calculated only on the amount of such difference; provided, however, that such permanent loan deed of trust or mortgage shall contain a reference to the construction loan deed of trust or mortgage and the date and instrument number where it is recorded;

Deeds to property transferred to a qualifying lower income homeownership household in accordance with ;

Deeds to property transferred to a qualifying nonprofit housing organization in accordance with ;

Deeds to property transferred to a cooperative housing association in accordance with ;

Construction loan deeds of trust or mortgages or permanent loan deeds of trust or mortgages in accordance with ;

Repealed.

A deed by a transferor that conveys bare legal title to the trustee of a revocable trust, without consideration for the transfer, where the transferor is the beneficiary of the trust;

A deed to property transferred to a beneficiary of a revocable trust as the result of the death of the grantor of the revocable trust;

A deed to property transferred by the trustee of a revocable trust if the transfer would otherwise be exempt under this section if made by the grantor of the revocable trust;

A deed to property transferred to a resident management corporation in accordance with ;

A security interest instrument in Class 1 Property, as that class of property is established pursuant to , that contains no more than 5 dwelling units. Each security interest instrument submitted for recordation for which an exemption under this paragraph is claimed shall have affixed thereto an affidavit stating the following:

“I (we) the owner(s) of the real property described within certify, subject to criminal penalties for making false statements pursuant to of the District of Columbia Code , that the real property described within is Class 1 Property, as that class of property is established pursuant to , with 5 or fewer units.”;

A deed for the improvements known as the District of Columbia Correctional Treatment Facility, located on a portion of Lot 800 of Square 1112E, with a street address of 1901 E Street, S.E.;

Deeds executed pursuant to a decree of divorce or of separate maintenance or pursuant to a written instrument incident to such divorce or separation;

Deeds to an entity described in paragraph (3) of this section of a lease or ground rent for a term, including renewals, that is at least 30 years; provided, that if the entity were the owner of the real property in which the possessory interest is conveyed, the real property would have been entitled to exemption from real property taxation under ; provided further, that, unless waived by regulation, a copy of a filed real property tax exemption application accompanies the deed at the time of its offer for recordation;

A security interest instrument securing a credit enhancement, such as a letter of credit, issued by a for-profit business organization, where such credit enhancement is required in connection with affordable housing financing provided by the District of Columbia Housing Finance Agency that is funded in whole or in part through bonds issued pursuant to the U.S. Department of Treasury’s New Issue Bond Program. This paragraph shall apply as of January 1, 2009;

Beginning October 1, 2009, a security interest instrument pertaining to a cooperative housing association;

Beginning October 1, 2009, a deed of economic interest pertaining to a limited-equity cooperative, as defined under ;

A security interest instrument executed by a borrower in connection with a loan under the Industrial Revenue Bond Forward Commitment Program authorized by subchapter II-B of [§ 47–340.01 et seq.]; provided, that unless waived by regulation, a certification by the Mayor that the security interest instrument is entitled to this exemption accompanies the security interest instrument at the time it is presented for recordation; and

Deeds to property transferred to a named beneficiary of a revocable transfer on death deed under [ et seq.], by reason of the death of the grantor of the revocable transfer on death deed.