Chapter 3.08 REAL ESTATE EXCISE TAX (REET) This chapter is included in your selections. Sections: 3.08.010 Imposition of tax – REET 1. 3.08.015 Imposition of tax – REET 2. 3.08.020 Taxable events. 3.08.030 Consistency with state tax. 3.08.040 Disbursal of tax proceeds. 3.08.050 Seller’s obligation. 3.08.060 Lien provisions. 3.08.070 Notation of payment. 3.08.085 Date payable.