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<div>The claim was that it was mandatory and that the office should have charged each party $250 at closing. </div>
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<div class="acompli_signature">Thank you,<br>
<br>
Rich Holland<br>
PNWLE</div>
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<div class="gmail_quote">On Tue, Mar 15, 2016 at 2:26 PM -0700, "Bryce Dille" <span dir="ltr">
<<a href="mailto:BryceD@cdb-law.com" target="_blank">BryceD@cdb-law.com</a>></span> wrote:<br>
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<p class="MsoNormal"><span style="color:#1F497D">By law the DOL requires they keep it 3 years at no cost. The brokers I represent have publications from IRS requiring they keep the records 7 years. It’s not clear from the post if this is a service they will
provide or is it mandatory and does it apply to both buyer and seller?</span></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span></p>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">This transmission contains confidential attorney-client communications and may not be disclosed to any person but the intended recipient(s). If this matter
is transmitted to you in error, please notify the sender immediately.</span></p>
<p class="MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman","serif"; color:#1F497D"> </span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">Bryce H. Dille
</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">Campbell, Dille, Barnett & Smith, PLLC</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">P.O. Box 488</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">Puyallup, WA 98371</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">Voice: 253.848.3513</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D">Fax: 253.845.4941</span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D"><a href="mailto:bryced@cdb-law.com"><span style="color:blue">bryced@cdb-law.com</span></a></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt; font-family:"Arial","sans-serif"; color:#1F497D"> </span></p>
<p class="MsoNormal"><span style="color:#1F497D">Business Entity Creation and Management</span><span style="color:#1F497D"></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Business, Government and Tax Law</span></p>
<p class="MsoNormal"><span style="color:#1F497D">Real Estate and Land Use, Residential, Commercial and Condominium Development</span></p>
<p class="MsoNormal"><span style="color:#1F497D">Real Estate and Commercial Transactions & Closings, Including Performing Services as IRS Section 1031 Exchange Facilitator</span></p>
<p class="MsoNormal"><span style="color:#1F497D">Estate Planning, including Wills and Trusts, and Probate Administration</span></p>
<p class="MsoNormal"><span style="color:#1F497D">Representation Homeowners/Condominium Association Real Estate Developments</span></p>
<p class="MsoNormal"><span style="color:#1F497D">Real Property Foreclosures and Forfeitures</span></p>
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<p class="MsoNormal"><span style="color:#1F497D"> </span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt; font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt; font-family:"Tahoma","sans-serif""> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>David Williams<br>
<b>Sent:</b> Tuesday, March 15, 2016 12:57 PM<br>
<b>To:</b> 'WSBA Real Property Listserv'<br>
<b>Subject:</b> Re: [WSBARP] This is a new one</span></p>
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<p class="MsoNormal"> </p>
<p class="MsoNormal"><span style="color:#1F497D">My first thought is if that term in not in the listing agreement, it likely violates MLS rules.</span></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt; font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt; font-family:"Tahoma","sans-serif"">
<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">mailto:wsbarp-bounces@lists.wsbarppt.com</a>]
<b>On Behalf Of </b>Richard Holland<br>
<b>Sent:</b> Tuesday, March 15, 2016 12:38 PM<br>
<b>To:</b> WSBA Real Property Listserv<br>
<b>Subject:</b> [WSBARP] This is a new one</span></p>
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<p class="MsoNormal"> </p>
<p class="MsoNormal">So I ran across this provision in a RESPA today in a rather ‘hidden’ spot somewhat buried amount the standard “Law of Agency/TRID” disclosures.</p>
<p class="MsoNormal"> </p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><i><span style="color:black">XYZ Real Estate agrees to prepare, process and electronically store the purchase and sale agreement and other forms that are part of the transaction for a minimum of five (5) years
from the transaction date, and the document preparation and storage fee for this service shall not exceed $250.00, which shall be collected at escrow
</span></i></p>
<p class="MsoNormal">I have never seen this done before as it is “in addition” to the commission. $250
<i>per side</i> to “electronically store” the documents for 5 years? Really?</p>
<p class="MsoNormal"> </p>
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