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<p class="MsoNormal">Client purchased property a county tax foreclosure sale. Client now selling to a developer who plans to build and then resell. Title ins. Co. states that they will not insure due to 3-year rule under RCW 4.16.090. There was thread on
this issue earlier this year and I have that thread. However, title company is willing to insure under 2 options: (1) Obtaining a certification from a tax title service company (that charges a pretty sizeable fee and will be in excess what I would charge
for a quiet title action); or (2) Quiet title. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I am having a hard time wrapping my head around a quiet title action in this instance.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Is it a declaratory action that requests that the court declare that the county acted in accordance with law? To me it appears that I am effectively cutting off a 3-year SOL, which seems highly questionable. Am I correct? <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Additionally, the other parties of record was a defunct corporation and a private lien holder. If you have experience in this, I would like to know do I need publish my Summons for all interested parties in the property to satisfy the
title company? All I am getting back from underwriting at the title insurance co. is do a quiet title action as if all quiet title actions are the same.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thank you,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Marcus J. Fry<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Lyon, Weigand & Gustafson, P.S.
<br>
P.O. Box 1689 <br>
Yakima, Washington 98907 <br>
Telephone: (509) 248-7220 <br>
Facsimile: (509) 575-1883 <o:p></o:p></span></p>
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<p class="MsoNormal" style="text-align:justify"><b><u><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">NOTICES:<o:p></o:p></span></u></b></p>
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