Disclosure Form 17 Withholding

State:
Washington
Control #:
WA-37014
Format:
Word; 
Rich Text
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Description

The Disclosure Form 17 Withholding is a critical document in Washington real estate transactions, detailing the condition of a property being sold. Its primary purpose is to inform prospective buyers about existing material facts and defects known by the seller. Key features include disclosure of property title issues, water supply conditions, sewer systems, structural integrity, and compliance with environmental regulations. Sellers must complete the form thoroughly, ensuring no blanks are left and attaching explanations for any affirmative responses. Timing is essential, as the completed disclosure must be delivered to the buyer within five business days following the acceptance of a purchase agreement. For attorneys, partners, and owners, the form mitigates liability by providing transparency, while associates, paralegals, and legal assistants can guide clients through the form's completion, enhancing due diligence in real estate transactions. This form serves as a safeguard for both buyers and sellers, promoting informed decision-making and legal compliance.
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  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement

How to fill out Washington Residential Real Estate Sales Disclosure Statement?

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FAQ

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 Death Disclosure Washington state does not require disclosure of death on a property.

Washington law says that when you sell your home, you must fill out a Seller Disclosure Statement (also known as Form 17). You must tell the buyer any problems with the property that you know about. Download a Seller Disclosure Statement.

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.

Every rule has exceptions?even in Texas. You don't need a seller's disclosure when you sell or give a house to your kids (such as in a will), your spouse (such as part of a divorce), someone you already co-own the house with, or the government.

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Disclosure Form 17 Withholding