Washington State Form 17 With Sale Agreement

Q: Is a Seller Disclosure Statement required in Washington state?

Washington&#039;s Residential Seller Disclosure Requirement Almost all real estate sales in Washington State require a seller disclosure statement to be given to the buyer. Home sales, including condominium units, are included in the types of sales requiring a seller disclosure statement. The statute (RCW 64.06.

Category:

Real Estate - Listing Agreements

State:

Multi-State

Control #:

US-00056DR

Format:

Instant download

Description

The Washington State Form 17 with Sale Agreement serves as a crucial legal document for conducting property transactions. This form outlines the roles of sellers and real estate agents in the selling process, including expectations for professional fees payable upon the sale's closure. Key features of the form include sections for the legal description of the property, the identification of sellers and buyers, and the detailed agency relationships between the parties involved. Filling out the form requires clarity in detailing the agent's responsibilities and the agreed fee structure, which can be either a flat amount or a percentage of the sales price. Editing should be done carefully to ensure that all parties receive the necessary disclosures and understand their roles. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in real estate transactions. They benefit from its structured format and clarity, which help facilitate smooth negotiations and compliance with Washington state regulations. Utilizing this form can streamline the transactional process, aiding all stakeholders in achieving their objectives while maintaining legal integrity.

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How to fill out One Time Listing And Showing Agreement?

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FAQ

The statute adds that sellers need not disclose "the fact or suspicion that the property, or any neighboring property, is or was the site of a murder, suicide or other death, rape or other sex crime, assault or other violent crime, robbery or burglary, illegal drug activity, gang-related activity, political or ...

In most real-estate transactions in Washington, the seller of the property must complete a ?Form 17? disclosure statement and give it to the buyer. Form 17 has a couple dozen questions on topics ranging from title matters to environmental issues.

As a seller and as the only source of all the information in this form, here are disclosure requirements you are obliged to state: Property Title. These are title issues that include boundary disputes, assessments, zoning issues, covenants, easements, etc. Sewer/Septic Systems.

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