Washington State Form 17 Withdrawal In Hillsborough

State:
Multi-State
County:
Hillsborough
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Washington state form 17 withdrawal in Hillsborough is a one-time listing and showing agreement designed to facilitate the showing of a property by a designated real estate agent. This legally binding contract outlines the roles of the seller and buyer, as well as the compensation structure for the agent involved in the transaction. Key features of the form include the requirement for the seller to disclose the legal description of the property, the agent's name, and the agreed-upon professional fee or percentage of the sales price due at closing. Filling out the form requires clear identification of all parties involved and careful notation of the agency relationship, which can be classified as a single agent representing the buyer, a single agent representing the seller, or a transactional agent. It is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants to ensure accuracy and compliance with local regulations while completing this form. This draft is particularly useful when sellers want to allow their property to be shown under specific conditions without entering a long-term listing agreement. Potential users should seek legal advice if they have uncertainties about the agreement's implications.

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FAQ

Sellers must fill out either an unimproved or improved residential real estate disclosure form, which covers various topics about the property's condition. This comprehensive form asks about the state of the home's electrical, plumbing, heating and other systems.

You can get the form from a buyer's or seller's agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with “Yes,” “No” or “Unknown”

In most states, by law, you have to disclose any issues with the property. By not disclosing, you open yourself up to lawsuit.

You can get the form from a buyer's or seller's agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with “Yes,” “No” or “Unknown”

Sellers must complete a Transfer Disclosure Statement (TDS), in which they disclose known defects and other pertinent information about the property. Failure to disclose these material facts can lead to legal liability.

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).

The state does not require disclosure of any deaths, including murders or suicide. Do you have to report a death in your home while selling real estate in Washington? Washington state does not require disclosure of death on a property.

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).

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Washington State Form 17 Withdrawal In Hillsborough