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<p class="MsoNormal">Thanks Kary, all good thoughts. I guess I should just be thinking about this as a contract issue rather than a deed issue. How is it possible to "assign" one's obligations under a contract to another person, without their consent? And then
assuming consent is necessary, what type of evidence of that consent is needed (signature, oral consent, later actions indicating ratification, context such as part on accepted conveyance)?<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<div>
<p class="MsoNormal">Sincerely,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Eric<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Eric C. Nelsen<o:p></o:p></p>
<p class="MsoNormal">Sayre Law Offices, PLLC<o:p></o:p></p>
<p class="MsoNormal">1417 31st Ave South<o:p></o:p></p>
<p class="MsoNormal">Seattle WA 98144-3909<o:p></o:p></p>
<p class="MsoNormal">206-625-0092<o:p></o:p></p>
<p class="MsoNormal"><a href="mailto:eric@sayrelawoffices.com">eric@sayrelawoffices.com</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="background:aqua;mso-highlight:aqua">Covid-19 Update -
</span></b>All attorneys are working remotely during regular business hours and are available via email and by phone; please call the Seattle office. Videoconferencing also is available. Signing of estate planning documents can be completed and will be handled
on a case-by-case basis; please call the Seattle office.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">MAIL AND DELIVERIES can be received at the Seattle office. For any other needed arrangements, please call the Seattle office.<o:p></o:p></p>
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<p class="MsoNormal"><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Kary Krismer<br>
<b>Sent:</b> Tuesday, June 16, 2020 8:42 PM<br>
<b>To:</b> wsbarp@lists.wsbarppt.com<br>
<b>Subject:</b> Re: [WSBARP] Assignment of Seller's REK - Grantee doesn't sign<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p>I would consider the obligation to convey title when the REK is paid off to be "something substantial." Particularly if the REK requires a conveyance by a SWD (not sure what the standard terms are). And if the assignee didn't sign off, where would that
leave the grantee under the REK after they've paid off the obligation? The assignor and original REK vendor would have been out of the picture on future payments and not know whether to convey.<o:p></o:p></p>
<p>Out of curiosity, I wonder what's required on the UCC side, assuming Freeborn v. Seattle Trust is still good law. I fell out of touch with Article 9 after the last revisions (that I heard about), so I don't know if something would be required of the grantee
on that part of the transaction.<o:p></o:p></p>
<pre>Kary L. Krismer<o:p></o:p></pre>
<pre>John L. Scott, Inc. <o:p></o:p></pre>
<pre>206 723-2148<o:p></o:p></pre>
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<p class="MsoNormal">On 6/16/2020 4:27 PM, Eric Nelsen wrote:<o:p></o:p></p>
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<blockquote style="margin-top:5.0pt;margin-bottom:5.0pt">
<p class="MsoNormal">Here's one I haven't really thought about before. The standard
<a href="https://www.wsba.org/docs/default-source/licensing/lpo/forms/13-05_i_-sacd51365ef2f6d9654cb471ff1f00003f4f.pdf?sfvrsn=42ef3bf1_2">
Deed and Seller's Assignment of Real Estate Contract</a> says in the body that "Grantee hereby assumes and agrees to fulfill the conditions of said real estate contract..."<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Ordinarily there is not much that the Seller is required to do at that point – but let's assume that there is something substantial, and the Grantee did
<u>not</u> sign the assignment indicating their assent. Only the Grantor-Seller signed.<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">So:<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<ol style="margin-top:0in" start="1" type="1">
<li class="MsoListParagraph" style="margin-left:0in;mso-list:l1 level1 lfo3">Is the Grantee's supposed covenant to fulfill the Seller's obligations ineffective? Or does the Grantee's assumed acceptance of the "deed" portion of this instrument impute also a
contractual agreement to take on the covenant obligations?<o:p></o:p></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l1 level1 lfo3">Is the deed nevertheless operative, to transfer Seller's "bare title" (lien interest) to the Grantee? So now Seller is not off the hook on the contractual obligations, but also no
longer has their security interest in the property?<o:p></o:p></li></ol>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Sincerely,<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Eric<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Eric C. Nelsen<o:p></o:p></p>
<p class="MsoNormal">Sayre Law Offices, PLLC<o:p></o:p></p>
<p class="MsoNormal">1417 31st Ave South<o:p></o:p></p>
<p class="MsoNormal">Seattle WA 98144-3909<o:p></o:p></p>
<p class="MsoNormal">206-625-0092<o:p></o:p></p>
<p class="MsoNormal"><u><span style="color:#0563C1"><a href="mailto:eric@sayrelawoffices.com">eric@sayrelawoffices.com</a></span></u><o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><b><span style="background:aqua;mso-highlight:aqua">Covid-19 Update -
</span></b>All attorneys are working remotely during regular business hours and are available via email and by phone; please call the Seattle office. Videoconferencing also is available. Signing of estate planning documents can be completed and will be handled
on a case-by-case basis; please call the Seattle office.<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">MAIL AND DELIVERIES can be received at the Seattle office. For any other needed arrangements, please call the Seattle office.<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><o:p> </o:p></p>
<pre>***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.***<o:p></o:p></pre>
<pre><o:p> </o:p></pre>
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