Washington State Form 17 Withdrawal In North Carolina
Category:
State:
Multi-State
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
The Washington state form 17 withdrawal in North Carolina is a vital document used in real estate transactions, specifically designed for agents to manage showings and listings effectively. This form establishes a legally binding agreement between sellers and real estate agents, allowing the agent to showcase properties to potential buyers. Key features include sections for seller and buyer details, the address and legal description of the property, and the professional fee structure for the agent, which can be a fixed amount or a percentage of the sale price. For optimal functionality, users should ensure all sections are thoroughly filled out and accurate before signing. Attorneys, partners, owners, associates, paralegals, and legal assistants can benefit from understanding this form as it streamlines the process of property sales by clarifying the roles of each party involved. The form also protects the interests of all parties by establishing clear terms regarding agency relationships, ensuring both seller and buyer are informed. It is crucial to provide clear instructions to clients during the filling process and to maintain open communication regarding any changes or questions that arise. Overall, mastering the use of this form can enhance professional practice within real estate transactions.
Form popularity
FAQ
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.
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).
