Washington State Form 17 With Sale Agreement In Los Angeles

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

Description

The Washington state form 17 with sale agreement in Los Angeles is a legally binding contract primarily used for real estate transactions. This form allows sellers to authorize a realtor to show their home to prospective buyers while detailing the agreement on professional fees payable upon closing of the sale. Key features include sections for property address, legal description, seller and buyer identification, and the specified fee structure—either a fixed amount or a percentage of the sales price. Users are advised to fill in the relevant details clearly and accurately, ensuring that all parties involved understand their roles and obligations. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who facilitate real estate deals. They can leverage this form to streamline the showing process while ensuring compliance with legal requirements. Instructional guidance includes highlighting the importance of clarity and completeness when filling out the form, as any ambiguities may lead to disputes. The available agency relationship options must be clearly understood and disclosed, reinforcing the importance of transparent communication between all parties.

Form popularity

FAQ

Almost all real estate sales in Washington State require a seller disclosure statement to be given to the buyer. Home sales, including inium units, are included in the types of sales requiring a seller disclosure statement. The statute (RCW 64.06.

Nearly all real estate sales in Washington State require a seller disclosure statement, also known as Form 17, to be given to the buyer.

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).

Nearly all real estate sales in Washington State require a seller disclosure statement, also known as Form 17, to be given to the buyer.

Washington law says that when you sell your home, you must fill out a Seller Disclosure Statement (also known as Form 17). You must tell the buyer any problems with the property that you know about.

In Chapter 64.06 RCW RESIDENTIAL REAL PROPERTY TRANSFERS SELLER'S DISCLOSURES it requires the seller to disclose whether there are any substances, materials, or products that may be an environmental hazard such as, but not limited to, asbestos, formaldehyde, radon gas, lead-based paint, fuel or chemical storage tanks, ...

The history of a concept known as "caveat emptor" (or, "buyer beware") in real estate transactions led many states, including Washington in 1994, to pass laws mandating that sellers provide disclosures about all aspects of the property. You'll find these beginning at Revised Washington Code (RCW) § 64.06. 005.

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Washington State Form 17 With Sale Agreement In Los Angeles