18. There shall be an exemption from the payment of transfer duties where the business of the transferee consists in the lending of money on the security of real property, provided the deed of transfer mentions that the following conditions have been fulfilled:
(a) the transfer of an immoveable to the transferee must have been made by reason of the application of a stipulation of the deed of security agreed by the transferor to secure the payment of a debt or in any other manner for the purpose of extinguishing a debt secured by real property or ensuring the protection of such security or of any claim;
(b) the transferee must not be a person related to the transferor within the meaning of section 19 of the Taxation Act (chapter I-3); and
(c) the transferee must not have acquired the land pursuant to one or more transactions made mainly for the purpose of avoiding or evading the payment of transfer duties.