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§ 2577 Exemptions.

6 DE Code § 2577 (2019) (N/A)
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This subchapter shall not apply to the following transfers of residential real property:

(1) Transfers governed by the Delaware Out-of-State Land Sales and Promotions Act [repealed] where the property disclosure report required by that law is provided to a prospective purchaser.

(2) Transfers pursuant to court order such as transfers ordered by the Court of Chancery in the administration of an estate, trust or guardianship or pursuant to a writ of execution, by a trustee in bankruptcy or a receiver, by eminent domain, and transfers resulting from a decree for specific performance.

(3) Transfers to a mortgagee by a mortgagor in default by a deed in lieu of foreclosure.

(4) Transfers by any sheriff’s sale for default on an obligation secured by a mortgage, judgment, tax or other lien.

(5) Transfers by a fiduciary in the course of the administration of the decedent’s estate, guardianship or trust.

(6) Transfers from 1 co-owner to 1 or more other co-owners.

(7) Transfers made to a spouse or to a person or persons in the lineal line of consanguinity of 1 or more of the transferors.

(8) Transfers between spouses resulting from a property settlement incident to a divorce.

(9) Transfers to or from any government entity.

69 Del. Laws, c. 86, § 2.

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§ 2577 Exemptions.