Washington State Form 17 Withholding In Santa Clara

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

Description

The Washington state form 17 withholding in Santa Clara is designed for the legal community to facilitate the one-time listing and showing of a property by an agent on behalf of the seller. This contract outlines essential details including the legal description of the property, involved parties, and the commission structure. The form specifies that the seller grants permission for a designated realtor to show their home to potential buyers, establishing clear expectations for the agent's services and fees, which can be a fixed amount or a percentage of the sales price payable at closing. Additionally, it discloses agency relationships, clarifying whether the agent represents the buyer, seller, or acts as a transactional agent. The audience for this form includes attorneys, partners, owners, associates, paralegals, and legal assistants who may utilize it to formalize property showing agreements. Users should ensure accurate completion of all sections by typing or printing names as required, and they are encouraged to seek legal advice if needed. The form serves particularly well in real estate transactions where clear agreements are crucial for avoiding disputes.

Form popularity

FAQ

U.S. States that Require State Tax Withholding Forms Alabama. Arizona. Arkansas. California. Connecticut. District of Columbia. Georgia. Hawaii.

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.

Overview of Washington Taxes Gross Paycheck$3,283 Social Security 6.20% $204 Medicare 1.45% $48 State Disability Insurance Tax 0.00% $0 State Unemployment Insurance Tax 0.00% $023 more rows

Employees working and residing in Washington have no state income tax liability. However, if you are working in a state that does have an income tax, the UW is required to withhold income tax for the state(s) in which your services are performed.

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.

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.

Almost every U.S. state has passed laws mandating that sellers give buyers specific information about what structural and other features the house contains, and their condition. In some cases, the brokers must speak up about hidden conditions, too.

If a seller intentionally provides false information in a disclosure filing, they could face legal repercussions, including lawsuits or financial penalties, depending on the situation. Buyers who find out that a seller lied on the disclosure form may be entitled to cancel the sale or pursue compensation.

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.

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Washington State Form 17 Withholding In Santa Clara