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<p>Marc raises a great point about agents striking the paragraph W
information verification period language, erroneously thinking
that it helps the seller. I recently had a multiple offer
situation where 40% of the offers struck that language.</p>
<p>Here's a slightly stressed out/annoyed Annie bothered by the fact
that agents don't seem to be listening to her! Paragraph w is
covered at about the 2:25 mark--and stay for the surprise at the
very end!</p>
<p><a class="moz-txt-link-freetext" href="https://www.youtube.com/watch?v=esd0eLwkBRo">https://www.youtube.com/watch?v=esd0eLwkBRo</a></p>
<pre class="moz-signature" cols="72">Kary L. Krismer
John L. Scott/KMS Renton
206 723-2148</pre>
<div class="moz-cite-prefix">On 4/3/2018 12:57 PM, marc
holmeslawgroup.com wrote:<br>
</div>
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<div class="WordSection1">
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">If they used an MLS form
purchase and sale agreement, look for the Information
Verification clause on the last page of that form. It
creates a 10 day contingency period “to verify all
information provided by the Seller or Listing Firm related
to the Property.” More and more buyers are voluntarily
striking this clause but if your client did not and you’re
still within that time period, then that would seem like a
good basis to terminate. <o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">It’s not clear who
discovered the septic bedroom issue but if it was your
client rather than the seller, then you may be out of luck
if the Form 17 rescission window has run out and your client
either affirmatively waived the info verification
contingency or let it lapse
<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">Per RCW 64.06.0<u>40</u>(1),
a seller has a duty to amend their Form 17 when they learn
of a material inaccuracy in the form except when it was
brought to their attention by the buyer or someone acting on
the buyer’s behalf. <o:p></o:p></span></p>
<div>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<p class="MsoNormal"
style="mso-margin-top-alt:3.75pt;margin-right:0in;margin-bottom:3.75pt;margin-left:0in"><b><span
style="font-size:12.0pt;font-family:""",serif">RCW
64.06.040<o:p></o:p></span></b></p>
<p class="MsoNormal"
style="mso-margin-top-alt:3.75pt;margin-right:0in;margin-bottom:3.75pt;margin-left:0in"><b><span
style="font-size:12.0pt;font-family:""",serif">After
delivery of disclosure statement—Additional
information—Seller's duty—Buyer's options—Closing the
transaction.<o:p></o:p></span></b></p>
<p class="MsoNormal" style="text-indent:.25in"><span
style="font-size:12.0pt;font-family:""",serif">(1)
If, after the date that a seller of real property
completes a real property transfer disclosure statement,
the seller learns from a source other than the buyer or
others acting on the buyer's behalf such as an inspector
of additional information or an adverse change which makes
any of the disclosures made inaccurate, the seller shall
amend the real property transfer disclosure statement, and
deliver the amendment to the buyer.<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">Marc Holmes<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">Holmes Law Group PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">2303 W. Commodore Way,
# 306<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">Seattle WA 98199<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><a
href="http://holmeslawgroup.com/" moz-do-not-send="true"><span
style="color:blue">HolmesLawGroup.com</span></a></span><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><a
href="mailto:marc@holmeslawgroup.com"
moz-do-not-send="true"><span style="color:blue">marc@holmeslawgroup.com</span></a></span><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">Ofc: 206-357-4224<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext">Cell: 206-849-0853<o:p></o:p></span></p>
</div>
<p class="MsoNormal"><span
style="font-size:12.0pt;font-family:"Times New
Roman",serif;color:windowtext"><o:p> </o:p></span></p>
<div>
<div style="border:none;border-top:solid #E1E1E1
1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span style="color:windowtext">From:</span></b><span
style="color:windowtext">
<a class="moz-txt-link-abbreviated" href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>
<a class="moz-txt-link-rfc2396E" href="mailto:wsbarp-bounces@lists.wsbarppt.com"><wsbarp-bounces@lists.wsbarppt.com></a>
<b>On Behalf Of </b>Kary Krismer<br>
<b>Sent:</b> Tuesday, April 3, 2018 11:26 AM<br>
<b>To:</b> <a class="moz-txt-link-abbreviated" href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a>; <a class="moz-txt-link-abbreviated" href="mailto:nestor@pplsweb.com">nestor@pplsweb.com</a><br>
<b>Subject:</b> Re: [WSBARP] Form 17 residential<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p>Did they just waive the Form 35 inspection rights or also the
Form 17 (the second place for the buyer to sign on Form 17)?<o:p></o:p></p>
<p>If just the former I'm not sure a buyer can still back out
where the answer is wrong. I'd love to hear the answer of
others. But chances are there's at least one answer on the
Form 17, the answer to which is not N/A, which the seller
failed to answer. My question would be whether you could ask
for the answer to that question at this point and then back
out based on the new Form 17 coming in?<o:p></o:p></p>
<pre>Kary L. Krismer<o:p></o:p></pre>
<pre>John L. Scott/KMS Renton <o:p></o:p></pre>
<pre>206 723-2148<o:p></o:p></pre>
<div>
<p class="MsoNormal">On 4/3/2018 10:40 AM, <a
href="mailto:nestor@pplsweb.com" moz-do-not-send="true">nestor@pplsweb.com</a>
wrote:<o:p></o:p></p>
</div>
<blockquote style="margin-top:5.0pt;margin-bottom:5.0pt">
<p class="MsoNormal">Client comes in and waived inspection
under Form 35. Seller provided a Form 17 that mispresented
the capacity of the septic system. The way I see, Buyer can
back out due to the mis presentation in spite of the waiver.
Any other recourse?<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><b>Nestor Gorfinkel, Attorney at Law </b><o:p></o:p></p>
<p class="MsoNormal"><b>Admitted to practice law in Washington
& Florida </b><o:p></o:p></p>
<p class="MsoNormal"><b>Florida Civil-Law (International)
Notary</b><o:p></o:p></p>
<p class="MsoNormal"><b>Puget Property Legal Services, PC</b><o:p></o:p></p>
<p class="MsoNormal"><b>11900 NE First Street Suite 300</b><o:p></o:p></p>
<p class="MsoNormal"><b>Bellevue, WA 98005</b><o:p></o:p></p>
<p class="MsoNormal"><b>Tel. (425) 961-0519</b><o:p></o:p></p>
<p class="MsoNormal"><b>Fax. (888) 837-0616</b><o:p></o:p></p>
<p class="MsoNormal"><a href="mailto:nestor@pplsweb.com"
moz-do-not-send="true"><b><span
style="color:black;text-decoration:none">nestor@pplsweb.com</span></b></a><b>
</b><o:p></o:p></p>
<p class="MsoNormal"><b> </b><o:p></o:p></p>
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<br>
<br>
<o:p></o:p></p>
<pre>_______________________________________________<o:p></o:p></pre>
<pre>WSBARP mailing list<o:p></o:p></pre>
<pre><a href="mailto:WSBARP@lists.wsbarppt.com" moz-do-not-send="true">WSBARP@lists.wsbarppt.com</a><o:p></o:p></pre>
<pre><a href="http://mailman.fsr.com/mailman/listinfo/wsbarp" moz-do-not-send="true">http://mailman.fsr.com/mailman/listinfo/wsbarp</a><o:p></o:p></pre>
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<pre wrap="">_______________________________________________
WSBARP mailing list
<a class="moz-txt-link-abbreviated" href="mailto:WSBARP@lists.wsbarppt.com">WSBARP@lists.wsbarppt.com</a>
<a class="moz-txt-link-freetext" href="http://mailman.fsr.com/mailman/listinfo/wsbarp">http://mailman.fsr.com/mailman/listinfo/wsbarp</a></pre>
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