Washington State Form 17 For Sale In Hillsborough

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

Description

The Washington state form 17 for sale in Hillsborough is a One Time Listing and Showing Agreement that establishes a legal framework for real estate transactions. This form allows sellers to authorize a realtor to show their property to potential buyers and outlines the terms of the professional fee upon the sale of the property. Key features include specifying the agent responsible for showing the home, the type of agency relationship, and the details regarding the payment structure, either a fixed fee or a percentage of the sale price. Filling out this form involves providing information about the property, the seller(s), and the agent. The form must be signed and dated by all parties involved to be legally binding. Relevant use cases include real estate transactions where sellers wish to engage agents for one-time showings and listings, ensuring clear communication of responsibilities and compensation. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in real estate, offering a straightforward means to formalize agreements in property 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.

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.

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.

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”

Trusted and secure by over 3 million people of the world’s leading companies

Washington State Form 17 For Sale In Hillsborough