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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal>Thank you!<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com> <b>On Behalf Of </b>Paul Neumiller<br><b>Sent:</b> Tuesday, May 12, 2020 3:57 PM<br><b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br><b>Subject:</b> Re: [WSBARP] Limit on Earnest Money Amount that can be forfeited.<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Remember that the 5% rule is only if the seller wants to use the safe harbor rule of RCW 64.04.005 and not have to prove any damages in order to keep the deposit. However, if the seller can establish actual damages under the common law caused by buyer’s breach of the contract, then the seller is able to retain a deposit that is greater than the 5%. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><a name="Paul_A__Neumiller"><img width=250 height=150 style='width:2.6041in;height:1.5625in' id="Picture_x0020_2" src="cid:image001.jpg@01D628F0.10FC2370"></a><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:9.0pt;font-family:"Times New Roman",serif'>IMPORTANT NOTICE: This e-mail message is intended to be received only by persons entitled to receive the confidential information it may contain. E-mail messages to clients of Paul A. Neumiller presumptively contain information that is confidential and legally privileged; e-mail messages to non-clients are normally confidential and may also be legally privileged. Please do not read, copy, forward or store this message unless you are the intended recipient of it. If you have received this message in error, please forward it back to the sender and delete it completely from your computer system.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:9.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:9.0pt;font-family:"Times New Roman",serif'>E-mail communication on the Internet may NOT be secure. There is a risk that this confidential communication may be intercepted illegally. There may also be a risk of waiving attorney-client and/or work-product privileges that may attach to this communication. DO NOT forward this message to a third party. If you have any questions regarding this notice, please contact the sender.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:9.0pt;font-family:"Times New Roman",serif'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com> <b>On Behalf Of </b>Craig Blackmon<br><b>Sent:</b> Tuesday, May 12, 2020 3:30 PM<br><b>To:</b> jeff@bellanddavispllc.com; WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br><b>Subject:</b> Re: [WSBARP] Limit on Earnest Money Amount that can be forfeited.<o:p></o:p></p></div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal><a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fapp.leg.wa.gov%2FRCW%2Fdefault.aspx%3Fcite%3D64.04.005&data=02%7C01%7C%7Cb8520fb893554a36b86308d7f6c4954d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637249196479963979&sdata=fqpzw8mhBm%2F1uf2F6qPo2wVM3aX3i7pXmGgF%2FGBzPQw%3D&reserved=0">https://app.leg.wa.gov/RCW/default.aspx?cite=64.04.005</a><o:p></o:p></p><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal><br clear=all><o:p></o:p></p><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><p class=MsoNormal><span style='font-size:9.5pt'>Craig Blackmon, <a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.mywsba.org%2FPersonifyEbusiness%2FLegalDirectory%2FLegalProfile.aspx%3FUsr_ID%3D000000029240&data=02%7C01%7C%7Cb8520fb893554a36b86308d7f6c4954d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637249196479973974&sdata=S6FsQqOAQRtRuiryhrDJeK84n9ID3SyvH44aU8%2BAXzo%3D&reserved=0" target="_blank">Attorney at Law</a><o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#212121'>92 Lenora St., </span><span style='font-size:12.0pt;font-family:"Arial",sans-serif;color:#212121'>Seattle WA 98121 </span><span style='font-size:9.5pt'><o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#212121'>Office/Cell: (206) 369-5949</span><span style='font-size:9.5pt'> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt'>On the blog: <a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fseattlepropertylawyer.com%2Fblog%2Fseller-disclosure-statement-form-17-explained&data=02%7C01%7C%7Cb8520fb893554a36b86308d7f6c4954d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637249196479973974&sdata=nbXlhWXBJ18SrKXq1FgRrW2wKp%2FMu4mNsZ40mnxcDV8%3D&reserved=0" target="_blank">The Form 17, Explained</a><o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt;border:solid windowtext 1.0pt;padding:0in'><img border=0 width=96 height=60 style='width:1.0in;height:.625in' id="Picture_x0020_3" src="cid:image004.jpg@01D628F0.10FC2370" alt="Image removed by sender."></span><span style='font-size:9.5pt'><o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt'>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.<o:p></o:p></span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><p class=MsoNormal><o:p> </o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal>On Tue, May 12, 2020 at 3:27 PM Jeff Davis <<a href="mailto:jeff@bellanddavispllc.com">jeff@bellanddavispllc.com</a>> wrote:<o:p></o:p></p></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt'><div><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Listmates,<o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'> <o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Probate estate is selling decedents home. Buyer wants to put down a large earnest money that amounts to 13% of the purchase price. Somewhere in the past, it seems our Courts limited the amount of earnest money a Seller can retain on default to somewhere around 5% of the purchase price. Your thoughts would be helpful.<o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'> <o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Jeff Davis<o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'> <o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif;color:black'>W. Jeff Davis, Esq.</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif;color:black'>BELL & DAVIS PLLC<br>P.O. Box 510<br>Sequim WA 98382<br>Phone No.:(360) 683.1129 <br>Fax No.: (360) 683.1258 <br>email: <a href="mailto:info@bellanddavispllc.com" target="_blank">info@bellanddavispllc.com</a><br><a href="https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.bellanddavispllc.com%2F&data=02%7C01%7C%7Cb8520fb893554a36b86308d7f6c4954d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637249196479983972&sdata=OcLN1t14wwGgtOlhQBuRKQ7z2oxeRMDcQ8c8CpDtMNk%3D&reserved=0" target="_blank">www.bellanddavispllc.com</a><br> <br>The information contained in this e-mail message may be privileged, confidential, and protected from disclosure. If you are not the intended recipient, any dissemination, distribution, or copying is strictly prohibited. If you think that you have received this e-mail message in error, please e-mail the sender at <a href="mailto:info@bellanddavispllc.com" target="_blank">info@bellanddavispllc.com</a> or call 360.683.1129</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'> <o:p></o:p></p></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" target="_blank">WSBARP@lists.wsbarppt.com</a><br><a href="https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fmailman.fsr.com%2Fmailman%2Flistinfo%2Fwsbarp&data=02%7C01%7C%7Cb8520fb893554a36b86308d7f6c4954d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637249196479983972&sdata=j8io6k72hSq7mhZlRN1C3C8PuPZFxToiZ2s3POu1psw%3D&reserved=0" target="_blank">http://mailman.fsr.com/mailman/listinfo/wsbarp</a><o:p></o:p></p></blockquote></div></div></body></html>