[WSBARP] Clearing title old bank as legal owner

[John McCrady]

Information from the National Information Center’s web site:

Western Savings and Loan Company was acquired by Crossland Savings, FSB  Crossland Savings, FSB was acquired by Republic National Bank of New York, which was acquired by HSBC Bank USA, National Association

There was also a Western Savings and Loan Association. F.A., which failed.  Its assets passed to Bank of America Arizona, which was acquired by Bank of America National Trust and Savings Association, which was acquired by Bank of America, National Association.

Maybe one of those is your party?  I wouldn’t relish a search of either Bank’s records….

John McCrady
Counsel
Puget Sound Title Company
5350 Orchard Street West
University Place WA 98466
253-476-5721

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Josh Grant
Sent: Monday, May 23, 2016 3:16 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Clearing title old bank as legal owner

Another thought I had would be to see if FDIC or Office of Thrift Supervision or ??? agency might know who/what took over from this S&L?  Anyone have a good experience and/or have contact info re defunct S&L’s?

From: Richard Holland<mailto:rich at pnwle.com>
Sent: Friday, May 20, 2016 10:06 AM
To: WSBA Real Property Listserv<mailto:wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Clearing title old bank as legal owner

What a mess.  This is why as soon as you hear ‘mobile home’ the groans in the office are audible.

From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Bickel, Dwight
Sent: Thursday, May 19, 2016 3:21 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: Re: [WSBARP] Clearing title old bank as legal owner

I would not publicly disagree with the fine personnel at the county. But I can copy the statute. The State Legislature has actually answered that manufactured home becoming real property question fairly clearly in RCW chapter 65.20. See RCW 65.30.030<http://app.leg.wa.gov/rcw/default.aspx?cite=65.20.030>:

The manufactured home shall not be real property in any form, including fixture law, unless the title is eliminated under this chapter.

Of course that does not affect the Treasurer: RCW 65.20.910:

Nothing in this chapter shall be construed to affect the taxation of manufactured homes.


Sent: Thursday, May 19, 2016 11:37 AM
Once physically affixed a mobile home is real estate.

According to Excise, because the mobile has become “real estate” by being affixed and now taxed as such (this latter part is critical), it is real estate already regardless of the existence of a title with DOL.
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