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In the state of Washington, you, as a residential home seller, are required by law to disclose certain details about a residential property you are trying to sell. These disclosures are important to buyers, who want to know as much as possible about a property before they make such an important purchase.
Washington's Residential Seller Disclosure Requirement Almost all real estate sales in Washington State require a seller disclosure statement to be given to the buyer. Home sales, including condominium units, are included in the types of sales requiring a seller disclosure statement. The statute (RCW 64.06.
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.
That's where the Washington State Seller's Disclosure Statement comes in. This statement is a legally required document that provides information about the property's condition, potential hazards, and any known defects.
The statute adds that sellers need not disclose "the fact or suspicion that the property, or any neighboring property, is or was the site of a murder, suicide or other death, rape or other sex crime, assault or other violent crime, robbery or burglary, illegal drug activity, gang-related activity, political or ...