§ 42-1102.01. Sales or assignments of instruments on secondary market exempt from tax.
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DC Code › Title 42 › Chapter 11 › § 42-1102.01
Text
A sale or assignment of a note, mortgage, deed of trust, or other instrument from one lender to another, on the secondary market, where there are no changes in the terms or conditions provided in the instrument and the borrower has taken no action to refinance, shall be exempt from the tax imposed by this chapter.
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