A. The division of land by order of any court in the state or by operation of law.

B. The creation or modification of a cemetery lot, tract or parcel.

C. The division of land by a lien, mortgage, deed of trust or any other security interest.

D. The division of land by a security or unit of interest in any investment trust regulated under the laws of the state or any other interest in an investment entity.

E. The division of land which creates an interest or interests in oil, gas or minerals which are now or hereafter severed from the surface ownership of real property.

F. The division of land by the acquisition of an interest in land in the name of a husband and wife or other persons in joint tenancy or as tenants in common, and any such interest shall be deemed for purposes of this subsection as only one (1) interest.

G. The division of land by reason of the dissolution of a joint venture.

H. The division of land by conveyance of real property to the Town in satisfaction of land dedication, subdivision, annexation or other Town requirements. (Ord. 711 §1 (Exh. A), 2017)