[WSBARP] Seller disclosure statement in lease/option deal

[David]

I rarely think disclosure is a bad idea. I'd disclose now.


Cheers,

David Paul Williams
Fly Fishing For Western Smallmouth
(Stackpole Books)

425.463.6384

Order Fly Fishing For Western Smallmouth at your local fly shop
Or find at your favorite independent bookstore
 

> On Feb 19, 2015, at 6:42 PM, Marc Holmes <marc at holmeslawgroup.com> wrote:
> 
> When should a lessor/seller provide the tenant/buyer of residential property a seller disclosure statement (aka Form 17)?  When the lease and option agreements are signed or later if and when the option is exercised and the purchase and sale agreement comes into effect? 
>  
> I’m working on one where the seller is receiving a large, non-refundable option price up front so I’m inclined to do the Form 17 at inception so the 3 day right of rescission will run its course.  Bad idea?
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> Marc Holmes
> Holmes Law Group PLLC
> 808 5th Ave N
> Seattle WA 98109
> HolmesLawGroup.com
> marc at holmeslawgroup.com
> Ofc: 206-357-4224
> Cell: 206-849-0853
>  
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