Washington State Form 17 Withholding In Santa Clara

State:
Multi-State
County:
Santa Clara
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.


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