[WSBARP] [REALPROP] Repeal of Torrens

[John J. Sullivan, Esq.]

The big question for my client will be whether “free” means he does not have to be fully paid up on the property taxes. That’s the last hold up for the case I’m presently handling. 

 

 

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Shaun Watchie Perry
Sent: Thursday, March 24, 2022 4:43 PM
To: Kary Krismer <Krismer at comcast.net>
Cc: realprop at googlegroups.com; wsbarp at lists.wsbarppt.com
Subject: Re: [WSBARP] [REALPROP] Repeal of Torrens

 

If it gets signed into law, it becomes effective July 1, 2023 so we have another 16 months  or so of registered land. It will be a pain for the recorder's office. They are supposed to reach out to all registered land owners and notify them that they have the opportunity to file an application of withdrawal for free no later than December 1, 2022 -- but in any event, registered land all goes away by July 1, 2023. The thing is, there is no master list of registered land owners in King County (not sure about the other counties). The recorder  will have to look in the actual folios/books as well as  on line and pull each certificate to determine is the property has been previously withdrawn - plus they do not have the registered land owners' addresses relatively handy. 

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Shaun Watchie Perry  | Attorney at Law 

Law Office of  Shaun Watchie Perry

1325 Fourth Avenue, Suite  940 | Seattle, WA 98101

Tel +206.729.7442   |  Fax + 206.260.1411 <tel:206.260.1411>   | www.swp-law.com <http://www.swp-law.com/> 

 

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On 2022-03-24 4:28 pm, Kary Krismer wrote:

Apparently the legislature acted to repeal the Torrens system, but the Governor has yet to sign.

https://app.leg.wa.gov/billsummary?Year=2021 <https://app.leg.wa.gov/billsummary?Year=2021&BillNumber=1376> &BillNumber=1376

I had no idea it was on the chopping block, but I can't say I'll be sad to see it go.

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Kary L. Krismer
206 723-2148

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