Washington State Form 17 Withholding In King

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

Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.


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FAQ

The state does not require disclosure of any deaths, including murders or suicide. Do you have to report a death in your home while selling real estate in Washington?

Who Must Make These Seller Disclosures in California. As a broad rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the prospective buyers.

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).

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.

Directors and officers of publicly traded companies: Directors and officers of publicly traded companies have a fiduciary duty to act in the best interests of the company and its shareholders. As part of this duty, they are required to disclose material facts to the public in a timely manner.

It is prepared by the seller's solicitors.

Sellers may be required to disclose a list of all of the major repairs made in various areas of the property. Buyers will want to know of any past problems. They'll want to know if an issue's been fixed and how it was fixed, if it requires ongoing maintenance or if it has the potential to cause problems in the future.

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”

More info

By law, most sellers of real property must provide a completed Seller Disclosure Statement (aka Form 17) to any buyer. Hey Buddy Buck here!Almost every home seller in WA must complete a Seller Disclosure Statement, aka the Form 17. Learn more, and get a copy you can use for free! Fill out all of this form and other papers you are attaching before you sign this form in front of a notary. Completion and review of the Seller Disclosure Statement, Form 17, happens (or should happen) in nearly every transaction. This document MUST be completely filled out. Every question must be answered, if applicable. The Seller Disclosure Statement in Washington (aka Form 17) is a mandatory form all sellers must complete and give to their buyers. Your county assessor may require you to wait to complete your application(s) until the federal income tax returns have been filed with the IRS.

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Washington State Form 17 Withholding In King