Washington State Form 17 Withdrawal In California
Category:
State:
Multi-State
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
The Washington state form 17 withdrawal in California is an essential document used primarily by real estate professionals involved in property transactions. This form allows sellers to grant permission for a realtor to show their property to prospective buyers. Key features of the form include the seller's agreement to pay a professional fee or percentage of the sales price upon closing, depending on what is negotiated. It also outlines the agency relationship between the realtor and the parties involved, which can be a single agent representing either the buyer or seller, a transactional agent, or a non-representing agent. For attorneys, this form aids in clarifying agency roles and ensuring compliance with state laws. Partners and owners benefit from understanding the financial obligations established in the agreement. Associates, paralegals, and legal assistants can utilize this form to streamline the showing process and maintain clarity in contractual obligations. Overall, the form promotes transparency and protects the interests of all parties in real estate transactions.
Form popularity
FAQ
What You Need to Know about the Washington State Seller Property Disclosure – Form 17. Washington State requires sellers of residential real property to thoroughly disclose material facts on a form called the Residential Real Property Disclosure Statement (often referred to as Form 17).
While sellers have always been required to disclose material facts, the Form 17 has been required by law (RCW 64.06. 020) since January 1, 1995. It has undergone ten revisions since its inception, the last of which went into effect in 2021.
