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--></style></head><body lang="EN-US" link="blue" vlink="purple"><div class="WordSection1"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif">Thanks.</span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif"> </span></p><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif">Attorney Robert R Rowley</span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif">W: (509) 252-5074</span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif">M: (509) 994-1143</span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif"><a href="mailto:rob@rowleylegal.com">rob@rowleylegal.com</a></span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif"> </span></p></div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif"> </span></p><div><div style="border:none;border-top:solid #e1e1e1 1.0pt;padding:3.0pt 0in 0in 0in"><p class="MsoNormal"><b>From:</b> Doug Owens <<a href="mailto:dougowens@seattlerelawyer.com">dougowens@seattlerelawyer.com</a>> <br><b>Sent:</b> Thursday, December 19, 2019 11:31 AM<br><b>To:</b> WSBA Real Property Listserv <<a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a>><br><b>Cc:</b> Rob Rowley <<a href="mailto:rob@rowleylegal.com">rob@rowleylegal.com</a>><br><b>Subject:</b> Re: [WSBARP] Excise on Assignments (458-61A-104) & Assignment of Sale Agreements By Only Licensed Brokers (RCW 18.85)?</p></div></div><p class="MsoNormal"> </p><div><p class="MsoNormal">Dear Rob, about nine years ago the DOL put out “guidance” on this point and it has been of concern to real estate investors since then. I disagree with the department because a licensed broker is not a party to the underlying transaction but the buyer who assigns his or her contract to someone else is. This is the guidance that the DOL put out which I understand will not go to the listserv. Yours truly, Doug Owens</p><div><p class="MsoNormal"><br><br></p><blockquote style="margin-top:5.0pt;margin-bottom:5.0pt"><div><p class="MsoNormal">On Dec 19, 2019, at 10:46 AM, Rowley, Rob <<a href="mailto:rob@rowleylegal.com">rob@rowleylegal.com</a>> wrote:</p></div><p class="MsoNormal"> </p><div><div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif">Any experience with DOR or DOL taking the position that real estate investors who assign purchase contracts must be licensed real estate brokers (RCW 18.85)? I have seen a recent inquiry by DOL of one of my real estate investor clients. Clients who are in the business of getting property under contract and then assigning the buyer's interest for consideration that is typically only paid at the time of closing on the settlement statement. One of the complaints was by a disgruntled local licensed real estate broker who is a competitor.</span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif"> </span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif">Also, it has always been my understanding that under WAC 458-61A-104 as to the assignment consideration the seller does not pay excise but the purchaser does pay.</span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif"> </span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif">Wanting to know what is going on statewide (if any) on these issues.</span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif"> </span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif">Thank you and Merry Christmas.</span></p></div><div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Tahoma",sans-serif"> </span></p></div><p class="MsoNormal">-- </p><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-spacing:0px"><tr><td colspan="2" style="padding:0in 0in 3.75pt 0in"><p class="MsoNormal"><span style="font-size:15.0pt;font-family:"Arial",sans-serif;color:#f7751f">Robert R. Rowley</span></p></td></tr><tr><td colspan="2" style="padding:0in 0in 0in 0in"><p class="MsoNormal"><i><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333">Attorney & Counselor At Law</span></i><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333"></span></p></td></tr><tr><td width="20" valign="top" style="width:15.0pt;padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#f7751f">p:</span></p></td><td valign="top" style="padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333">509.252.5074 </span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#f7751f">m: </span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333">509.994.1143</span></p></td></tr><tr><td width="20" valign="top" style="width:15.0pt;padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#f7751f">f:</span></p></td><td valign="top" style="padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333">509.928.3084</span></p></td></tr><tr><td width="20" valign="top" style="width:15.0pt;padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#f7751f">a:</span></p></td><td valign="top" style="padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333">7 S Howard St, Ste 218, Spokane, WA 99201</span></p></td></tr><tr><td width="20" valign="top" style="width:15.0pt;padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#f7751f">w:</span></p></td><td valign="top" style="padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333"><a href="http://rowleylegal.com/" target="_blank"><span style="color:#1da1db;text-decoration:none">rowleylegal.com</span></a> </span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#f7751f">e: </span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333"><a href="mailto:rob@rowleylegal.com" target="_blank"><span style="color:#1da1db;text-decoration:none">rob@rowleylegal.com</span></a></span></p></td></tr><tr><td colspan="2" style="padding:3.75pt 0in 0in 0in"><p class="MsoNormal"><span style="font-size:15.0pt;font-family:proxima-nova;color:#555555"><a href="https://www.facebook.com/rowleylegal?" target="_blank"><span style="color:#1da1db;border:none windowtext 1.0pt;padding:0in;text-decoration:none"><img border="0" width="25" height="25" style="width:.2604in;height:.2604in" id="_x0000_i1025" src="http://cdn2.hubspot.net/hubfs/184235/dev_images/signature_app/facebook_sig.png"></span></a> <a href="https://twitter.com/ROBERTRROWLEY" target="_blank"><span style="color:#1da1db;border:none windowtext 1.0pt;padding:0in;text-decoration:none"><img border="0" width="25" height="25" style="width:.2604in;height:.2604in" id="_x0000_i1026" src="http://cdn2.hubspot.net/hubfs/184235/dev_images/signature_app/twitter_sig.png"></span></a> <a href="https://www.linkedin.com/in/rob-rowley-b2017211/" target="_blank"><span style="color:#1da1db;border:none windowtext 1.0pt;padding:0in;text-decoration:none"><img border="0" width="25" height="25" style="width:.2604in;height:.2604in" id="_x0000_i1027" src="http://cdn2.hubspot.net/hubfs/184235/dev_images/signature_app/linkedin_sig.png"></span></a></span></p></td></tr><tr><td colspan="2" style="padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:15.0pt;font-family:proxima-nova;color:#555555"> </span></p></td></tr><tr><td colspan="2" style="padding:0in 0in 0in 0in"><table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-spacing:0px"><tr><td style="background:#f3efee;padding:7.5pt 15.0pt 7.5pt 15.0pt"><p class="MsoNormal"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:#010004">Practice concentrated on business, real estate and general legal matters in Washington and Idaho. NOTICE: The contents of this message and any attachments may be protected by the attorney-client privilege, work product doctrine or other applicable protections. If you are not the intended recipient or have received this message in error, please notify the sender and promptly delete the message. Thank you for your assistance. DISCLAIMER: You should recognize that responses provided by e-mail means are akin to ordinary telephone or face-to-face conversations and do not reflect the level of factual or legal inquiry or analysis which would be applied in the case of a formal legal opinion. A formal opinion may very well reach a different conclusion.</span></p></td></tr></table></td></tr></table></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><p class="MsoNormal">***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***<br><br>_______________________________________________<br>WSBARP mailing list<br><a href="mailto:WSBARP@lists.wsbarppt.com">WSBARP@lists.wsbarppt.com</a><br><a href="http://mailman.fsr.com/mailman/listinfo/wsbarp">http://mailman.fsr.com/mailman/listinfo/wsbarp</a></p></div></blockquote></div></div></div></body></html>