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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif">RCW 11.56 sets forth different requirements for the sale of real property by the personal representative depending on whether the sale is a “public sale”, “private sale”, or
“sale by negotiation.” No definitions for those terms is provided. Suppose a personal representative engages a realtor to sell a house that is in need of a lot of repairs. It is likely that a buyer would not be able to obtain a loan to purchase the property
because of the condition of the house. The realtor knows investors looking for such properties who are able to pay cash and solicits offers from said investors. The property is not listed on the RMLS. An offer above the appraised value of the home is received
from one of the investors. Is this a “public sale”, “private sale”, or “sale by negotiation”?<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif">Sincerely,<br>
Jon M. Fritzler<br>
Attorney at Law<br>
717 E. 22<sup>nd</sup> St.<br>
Vancouver, WA 98663<br>
Tel. 360.818.4431<br>
Eml <a href="mailto:fritzlerlaw@outlook.com" target="_blank"><span style="color:blue">fritzlerlaw@outlook.com</span></a><br>
<br>
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