[WSBAPT] Real Estate Contract - Recording - REET - Skagit County

Neli Espe, J.D. - Olympic Legal neli at olympiclegal.com
Mon Apr 10 16:04:20 PDT 2017


Dear List-mates,

PNC, seller in a real estate contract, wants to record the contract and pay the REET, but county treasurer tells her she needs to record a QCD or SWD as well.

PNC is adamant that she will only do fulfillment deed when she gets all the payments on the contract.

My understanding is that REET is triggered on the signing of the contract, but could the real estate contract be recorded without the QCD or SWD?

Thanks for your help,

Neli

________________________________

Neli Espe, J.D.  |  Olympic Legal
2114 Commercial Ave., Anacortes, WA 98221
360.630.3635

Business | Real Estate | Estate Planning

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