<div dir="ltr">Thank you David! But saying it differently doesn't mean saying it correctly. I am still puzzled by the longstanding legal fact that a leasehold interest isn't an ownership interest (although it is, of course, a possessory interest). I continue to see a conflict.<div><br></div><div>I can come up with lots of counterarguments, too. Shouldn't a statute designed to protect consumers be interpreted as broadly as possible? Would two years of possession provide the same insight as total years of ownership?</div><div><br></div><div>If anyone has a citation, please share it. Absent one, I'll add this argument to my quiver....</div><div><br></div><div>Craig</div></div><div class="gmail_extra"><br clear="all"><div><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div>Craig Blackmon, Attorney at Law</div><div><font face="arial, helvetica, sans-serif" size="2"><a href="http://fsbolawcenter.com" target="_blank">FSBO Law Center</a><br></font></div><div><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">655 S. Orcas St., Ste. 100 Seattle WA 98108</font></span><br></div><div><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">Office: (206) 504-1932 Cell: </font></span><span style="font-size:12.8px">(206) 369-5949</span></div><div><span style="font-size:12.8px"><a href="http://fsbolawcenter.com/blog?category=Buy%20Without%20an%20Agent" target="_blank">How to Buy Without an Agent</a> | </span><span style="font-size:12.8px"><a href="http://fsbolawcenter.com/blog?category=How%20to%20FSBO" target="_blank">How to Sell FSBO</a> | <a href="http://fsbolawcenter.com/blog?category=Real%20Estate%20Glossary" target="_blank">RE Glossary</a></span></div><div><span style="font-size:12.8px">CONFIDENTIALITY NOTICE:
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<br><div class="gmail_quote">On Tue, Jun 7, 2016 at 4:56 AM, <span dir="ltr"><<a href="mailto:david@vaughanlawonline.net" target="_blank">david@vaughanlawonline.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><span style="font-family:Verdana;color:#000000;font-size:12pt"><div>Hi Craig,</div><div><br></div><div>If a buyer had, within two years of the date of transfer, a leasehold interest in the property, no seller's disclosure is required. This seems common-sensical, in that the former lessee would have had opportunity to see any defects first hand during the leasehold period (and perhaps would or could have given notice of such defects and had certain of them corrected by lessor). Note also that the buyer can expressly waive disclosure under (7) of the same section.</div><div><br></div><div>I didn't find any clarifying citation, though I did see, upon googling, a few other sources that reiterated this in plain-er English.<br></div>
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<div><div><div class="h5">
-------- Original Message --------<br>
Subject: [WSBARP] Interpretation of RCW 64.06.010<br>
From: Craig Blackmon <<a href="mailto:craig@lawofficeofcraigblackmon.com" target="_blank">craig@lawofficeofcraigblackmon.com</a>><br>
Date: Mon, June 06, 2016 3:47 pm<br>
To: WSBA Real Property List Serve <<a href="mailto:wsbarp@lists.wsbarppt.com" target="_blank">wsbarp@lists.wsbarppt.com</a>><br>
<br>
<div dir="ltr">Here is the relevant portion:<div><br></div><div><span style="color:rgb(0,0,0);font-family:'Open Sans',Helvetica,Arial,sans-serif;font-size:16px;line-height:20.8px;text-indent:24px">[A Seller Disclosure Statement is not required in] ... (4) A transfer where a buyer had <b>an ownership interest</b> in the property within two years of the date of the transfer <b>including, but not limited to</b>, an ownership interest as a partner in a partnership, a limited partner in a limited partnership, a shareholder in a corporation,<b> a leasehold interest</b>, or transfers to and from a facilitator pursuant to a tax deferred exchange; (emphasis added)</span><br></div><div><br></div><div>Question: If the buyer had a leasehold interest in the property, would the transfer fall within this exclusion, i.e. would the seller be excused from providing the disclosure statement? Or in plain ol' English, does a landlord have to give a tenant/buyer a Form 17? This language seems ambiguous to me, I am curious for the thoughts of others (and perhaps a citation to the authority that clarifies the issue).</div><div><br></div><div>Thanks in advance!!</div><div><br></div><div>Craig<br clear="all"><div><div data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div>Craig Blackmon, Attorney at Law</div><div><font face="arial, helvetica, sans-serif" size="2"><a href="http://fsbolawcenter.com" target="_blank">FSBO Law Center</a><br></font></div><div><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">655 S. Orcas St., Ste. 100 Seattle WA 98108</font></span><br></div><div><span style="color:rgb(33,33,33)"><font face="arial, helvetica, sans-serif" size="2">Office: <a href="tel:%28206%29%20504-1932" value="+12065041932" target="_blank">(206) 504-1932</a> Cell: </font></span><span style="font-size:12.8px"><a href="tel:%28206%29%20369-5949" value="+12063695949" target="_blank">(206) 369-5949</a></span></div><div><span style="font-size:12.8px"><a href="http://fsbolawcenter.com/blog?category=Buy%20Without%20an%20Agent" target="_blank">How to Buy Without an Agent</a> | </span><span style="font-size:12.8px"><a href="http://fsbolawcenter.com/blog?category=How%20to%20FSBO" target="_blank">How to Sell FSBO</a> | <a href="http://fsbolawcenter.com/blog?category=Real%20Estate%20Glossary" target="_blank">RE Glossary</a></span></div><div><span style="font-size:12.8px">CONFIDENTIALITY NOTICE: This communication is a private, confidential electronic communication encompassed by 18 USC 2510. It is for the sole use of the intended recipient and receipt by anyone other than the intended recipient does not constitute a loss of its confidential or privileged nature. Any review or distribution by others is strictly prohibited. If you are not the intended recipient please inform the sender and destroy all copies.</span><br></div></div></div></div></div></div></div></div></div></div></div> </div></div> </div></div><hr>_______________________________________________<br>
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