The tax imposed by this subtitle does not apply to the first $22,000 of the consideration payable on the conveyance of owner-occupied residential property if the instrument in writing is accompanied by a statement, signed under oath by the buyer, that the buyer will use the property as the buyer’s principal residence by actually occupying the property for at least 7 months of the 12-month period immediately following the conveyance. Except as specified in paragraph (2) of this subsection, the buyer shall receive the entire exemption provided by this section, irrespective of (i) any contractual provisions concerning the division of taxes between the buyer and the seller and (ii) the presumption under <cite data-doc="Md. Code" data-path="grp|14-104">State Real Property Article § 14-104(b) </cite>{“Division of ... Tax: Presumption”}. The seller shall receive the entire exemption provided by this section if (i) the seller has agreed by contract to pay the entire amount of the tax imposed by this subtitle or (ii) the seller is responsible for paying the entire amount of the tax under <cite data-doc="Md. Code" data-path="grp|14-104">State Real Property Article § 14-104(c) </cite>{“Division of ... Tax: First-time Maryland Home-buyers”}. Ord. 04-727 Ord. 04-891