[WSBARP] Excise tax NWMLS Form

[Chris B]

I don’t have a PSA form handy, as I am not in the office at the moment, but isn’t REETA dealt with under closing costs in the NWMLS forms?

Christopher T. Benis
Sent from my iPad

On Aug 14, 2019, at 1:25 PM, Gregory L. Ursich <gursich at insleebest.com<mailto:gursich at insleebest.com>> wrote:

Under the statutes seller is responsible for the excise tax as seller gets proceeds that are taxed.
Only if the PSA specifically shifts the burden to pay that tax to buyer, does buyer have to pay. The deed cannot record until payment of the excise tax. -Greg Ursich, Inslee Best

Sent from my iPhone

On Aug 14, 2019, at 8:48 AM, "nestor at pplsweb.com<mailto:nestor at pplsweb.com>" <nestor at pplsweb.com<mailto:nestor at pplsweb.com>> wrote:

I now have a Seller claiming she does not have to pay excise tax and that it’s the Buyer’s responsibility because it is not stated in the NWMLS Form 21. I reviewed Forms 21 and 28 and nowhere does it state that Seller pays the excise tax.  The contract is silent on the matter. I have seen contracts that specifically shift the burden to Buyer.

Does RCW 82.45.080 mandate that Seller pay when the contract is silent?


Nestor Gorfinkel, Attorney at Law
Licensed in Washington & Florida
Florida Civil-Law (International) Notary

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