Quitclaim deed transfers are ideal for: transferring property interest between family members, such as a parent to a child. transferring property between married persons, as is the case when one party brings property into the marriage.
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).
An interspousal transfer deed is simply a deed that transfers property from one spouse to another. A deed is a written document that legally transfers property from one person or entity to another.
A: Yes, a quitclaim deed can protect you by getting the deed in your own name exclusively. This is possible through a divorce proceeding or your spouse can sign a quitclaim to relinquish his rights to the property. If the mortgage is in your spouse's name, it doesn't mean he has an ownership interest.
A "deed in lieu of foreclosure" occurs when a lender agrees to accept a deed (title) to the property instead of foreclosing. With a deed in lieu of foreclosure, the deficiency amount is the difference between the total mortgage debt and the property's fair market value.
In Chapter 64.06 RCW RESIDENTIAL REAL PROPERTY TRANSFERS SELLER'S DISCLOSURES it requires the seller to disclose whether there are any substances, materials, or products that may be an environmental hazard such as, but not limited to, asbestos, formaldehyde, radon gas, lead-based paint, fuel or chemical storage tanks, ...
The Act (codified as RCW 49.44. 211) makes it illegal for employers in an agreement to prohibit employees from discussing conduct the employee reasonably believed to be an illegal act of discrimination, harassment, retaliation, wage and hour violation, or sexual assault.
Selling a House Privately in WA in Five Simple Steps! 1: Preparing the Contract. A sale contract is a legally binding agreement that the buyer and seller must sign before purchasing a property. 2: Decide on the Property's Value. 3: Prepare the Listing. 4: Negotiate with a Buyer. 5: Sign the Contract.
Homeowners are required to disclose any mold issues during a sale. § 339.730. 1. This states that an agent must disclose to any potential buyer all adverse material facts actually known or that should have been known by the agent.