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1 / GROSS SALE PRICE 'Belting Price" shell mean eonsiderNion, Including money or anything of value, paid or <br />delivered or contracted to be paid or delivered In return for the transfer of the real property or estate or <br />Interest in real property, and shall Include the amount of any lien, mortgage, contract indebtedness, or other <br />incumbrance, either given to secure the purchase price, or any part thereof, or remaining unpaid on such, <br />property at the time of sale (WAC 468.81.030(13)). When consideration is other then money and the transfer' <br />Is taxable;, market value Is to, be'reported.! % <br />2/ PERSONAL PROPERTY <br />The transfer of personaliproperty is subject to the use tax and is the liability of the grnntee. Use separate <br />form for mobile home. I I , . . <br />3/ LOCAL REAL ESTATE EXCISE TAX <br />Cities and/or counties are authorized to adopt by ordinance an additional reel estate excise Inx to he <br />collected and distributed by the county tressurer (CHAPTER 82.46 RCW). <br />4/ DELINOUENT INTEREST A PENALTY — EVASION PENALTY <br />It the tax due is not paid within 30 day _ <br />Cual nonexclusive easement <br />the sale date until date of payment. Ila Perpe <br />under, over, through end acr-oss; <br />the vest 15feet of south 75 feet of the folling di.scribed <br />partial Lot 25 And the South 18 feet and 9 inches of lot 26, <br />block 19, FIt1DAY"S FIRST ADDITION TO EVERETT, nccording to plat Lhereof <br />recorded in volume 3 of pints, tinge 34, records of Snohomish <br />County, Washington. <br />The Inx pnid by this document Is subject to audit by the Department of Revenue under RCW 82.45.160. RCW <br />82.45.080 specifies that this tax is the obligation of the seller and remedies for its enforcement are specified <br />In Chapter 82.32 RCW. RCW 82.45.080 states that such tax and penalitios... "shall he a specific lien upon <br />ench piece of real properly sold from the time of sale until the tax shnll have been paid, which lien may be <br />enforced fit the manner prescribed for the foreclosure of mortgages". <br />........................................................................................................................................................................ <br />TAX OBLIGATION FOR FOREST LAND CLASSIFICATION OR DESIGNATION, <br />CURRENT USE (OPEN SPACE) CLASSIFICATION, PROPERTY EXEMPT FROM TAXATION OR <br />SPECIAL VALUATION AS HISTORIC PROPERTY <br />FOREST LAND LIABILITY (RCW 04.33.120 and 84.33.140) <br />Upon withdrawal or removal of this lend from classification or designation a compensating lax shall be imposed <br />which shall be equnl to: <br />I. The difference between the amount of Inx Inst levied on such land As forest land and An amount equal to <br />flip new nssessed valuation of such Innd multiplied by the millage rate of tie last levy extended against <br />such land, multiplied by <br />2. A number, in no event greater than ten, equal to the number of years for which such lAnd was classified or <br />designated as forest land. <br />Reforestation or conversion requirements shot IJ be consulted according to Chapter 78.09 ncw. <br />CURRENT USE LIABILITY (RCW 54.34.108) <br />Upon withdrawal or removal of this land from classification, an additional tax shall be imposed in the following <br />manner. <br />1. Lnnd under ciassilicn!ion for A minimum of ten years shnll pay An Amount equal to the difference between <br />the tax computed on the basis of "current use" and the tax computed on the basis of true And fair value <br />plus interest at the same stntutory rate charged on property taxes. The Additional tax And inip.resl shail,frr <br />paid for flip. seven years last pnsl. . 1. <br />2. Land withdrawn because of a change to a nonconforming use or land withdrawn print f r the minimum ten- <br />year period o; failure to comply to two-year notice of withdrawn) ^hall be liable to tiny file Additional lax As <br />in 1. Above plus A penalty of 20%, of flip Additional lax And Interest. Th a Add;tinnnl tax, inlorest And penalty <br />shall be paid for the past seven years. <br />PROPERTY EXEMPT FROM TAXATION (RCW 84.36.810 and 84.36.262) <br />