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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#002060">Kerry, I’ve attached the statute you’re talking about. Exemptions from due on sale are in subsection (d).<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#002060"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="color:#1F497D">The Law Office of G. Michael Zeno, Jr., P.S.<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="color:#1F497D">T: (425) 947-8050 F: (425) 947-8052<o:p></o:p></span></p>
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<p class="MsoNormal"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Kerry Richards<br>
<b>Sent:</b> Monday, July 25, 2022 10:55 AM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Due on sale clauses<o:p></o:p></p>
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<p class="MsoNormal">Dear Listmates:<o:p></o:p></p>
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<p class="MsoNormal">I am working on a property settlement agreement emanating from a CIR (Committed Intimate Relationship) and am concerned about the effect of one party deciding to provide his 49% share of the house to an irrevocable trust naming the children
as beneficiaries. Will that trigger the mortgage company’s due on sale clause or is this transaction protected like a dissolution Property Settlement Agreement under the Statutory protections of that statute which I cannot fully remember the name of? Something
like Garman St. German or so.<o:p></o:p></p>
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<p class="MsoNormal">Can someone offer their opinion please?<o:p></o:p></p>
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<p class="MsoNormal">Yours truly,<o:p></o:p></p>
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<p class="MsoNormal">Kerry A Richards <o:p></o:p></p>
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<p class="MsoNormal"><a href="mailto:Krichards@lawgate.net">Krichards@lawgate.net</a><o:p></o:p></p>
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<p class="MsoNormal">206.617.2119<o:p></o:p></p>
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