[WSBARP] Form 17 to tenants

Craig Blackmon craig at lawofficeofcraigblackmon.com
Fri Jul 30 11:06:55 PDT 2021


Group Mind, I would love your input.

Per RCW 64.06.010(4)
<https://app.leg.wa.gov/RCW/default.aspx?cite=64.06.010>: A seller need not
provide a Seller Disclosure Statement "where a buyer had an *ownership
interest* in the property within two years of the date of the transfer
including, but not limited to, an ownership interest as a partner in a
partnership, a limited partner in a limited partnership, a shareholder in a
corporation, *a leasehold interest,* or transfers to and from a facilitator
pursuant to a tax deferred exchange.

So, does this mean a seller/landlord does not need to provide a Form 17 to
a buyer/tenant?

If so, can we all agree that this is poorly drafted? A "leasehold interest"
simply is not an "ownership interest" -- right???

Thank you!

Craig
Craig Blackmon, Attorney at Law
<https://www.mywsba.org/PersonifyEbusiness/LegalDirectory/LegalProfile.aspx?Usr_ID=000000029240>
92 Lenora St. #8, Seattle WA  98121
Office/Cell: (206) 369-5949
On the blog: How to Read (and Understand) a Title Report
<http://seattlepropertylawyer.com/blog/how-to-read-and-understand-a-title-report>
<https://seattlepropertylawyer.com/>    <https://www.fsbolawyers.org/>
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