§ 91.160. Exchange of interest in real estate.

 If parties exchange realty between themselves, the deeds transferring title to each are subject to tax. The tax shall be computed on the basis of the value of the interest in each realty conveyed under §  91.135 (relating to judicial sales and other transactions).

Authority

   The provisions of this §  91.160 issued under section 1107-C of the Tax Reform Code of 1971 (72 P. S. §  8107-C).

Source

   The provisions of this §  91.160 adopted September 9, 1988, effective September 10, 1988, 18 Pa.B. 4096.

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