There is imposed a tax on all transfers, whether by deeds, instruments, writings, leases or any other documents or otherwise by which any lands, tenements or other interests in real property located in the Town are sold, granted, let, assigned, transferred, exchanged or otherwise conveyed to or vested in a purchaser thereof, or any other person, except as may be specifically exempted by Section 4-3-60 below. The tax shall be due and payable at the time of any such transfer and contemporaneously therewith as specified in this Article. (Prior code 3.12.020)