<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto">Marvin:<div><br></div><div>Interesting question. It kind of reminds me of situations with the IRS where the question has come up whether there was “eleemosynary intent” that would render debt forgiveness not income because it is a gift. </div><div><br></div><div>WAC 458-61A-201 doesn’t seem to speak to intent, just the absence of consideration. I’m going to assume the grantee of the condo is not assuming responsibility for any taxes or HOA dues already owing. That would be consideration. </div><div><br></div><div>I would just give careful thought to what the client is required to say, under penalty of perjury, in the Gift Supplement of the REET. Make sure you and the client are comfortable it’s true. </div><div><br></div><div>John J. Sullivan<br><br><div dir="ltr">Sent from my iPhone</div><div dir="ltr"><br><blockquote type="cite">On Mar 17, 2021, at 2:47 PM, Pam Rohr <phr@trlaw-spokane.com> wrote:<br><br></blockquote></div><blockquote type="cite"><div dir="ltr"><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><meta name="Generator" content="Microsoft Word 15 (filtered medium)"><style><!--
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</o:shapelayout></xml><![endif]--><div class="WordSection1"><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">That could still be a gift if money isn’t changing hands. You could give someone your house because you do not want to be liable for future taxes, insurance, etc.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Lucida Calligraphy";color:maroon">Pamela H. Rohr, Esq.</span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p></o:p></span></p><p class="MsoNormal"><b><span style="font-size:14.0pt;font-family:"Calibri",sans-serif;color:#1F497D">T</span></b><span style="font-size:14.0pt;font-family:"Calibri",sans-serif;font-variant:small-caps;color:maroon">runkenbolz | </span><b><span style="font-size:14.0pt;font-family:"Calibri",sans-serif;color:#1F497D">R</span></b><span style="font-size:14.0pt;font-family:"Calibri",sans-serif;font-variant:small-caps;color:maroon">ohr</span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;font-variant:small-caps;color:maroon"> pllc</span><span style="font-size:11.0pt;color:#1F497D"><o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;font-variant:small-caps;color:#1F497D">P.O. </span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Box 14033 <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Spokane, WA 99214<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">(509) 928-4100<o:p></o:p></span></p><p class="MsoNormal"><u><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:blue"><a href="mailto:phr@trlaw-spokane.com" title="mailto:phr@trlaw-spokane.com"><span style="color:blue">phr@trlaw-spokane.com</span></a></span></u><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p></o:p></span></p><p class="MsoNormal"><u><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:blue"><a href="http://www.SpokaneLegalEagle.com" target="_blank"><span style="color:blue">www.SpokaneLegalEagle.com</span></a></span></u><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Lucida Calligraphy";color:maroon"><o:p> </o:p></span></p><p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Calibri",sans-serif;color:#8496B0">CONFIDENTIALITY NOTE:</span></b><span style="font-size:8.0pt;font-family:"Calibri",sans-serif;color:#8496B0"> This electronic mail transmission may contain legally privileged and/or confidential information. This communication originates from the law firm of Trunkenbolz | Rohr PLLC, and is protected under the Electronic Communication Privacy Act, 18 U.S.C. § 2510-2521. Do not read this if you are not the person(s) named. Any use, distribution, copying, or disclosure by any other person is strictly prohibited. If you received this transmission in error, please notify the sender by telephone (509) 928-4100 or send an electronic mail message to the sender or </span><u><span style="font-size:8.0pt;font-family:"Calibri",sans-serif;color:blue"><a href="mailto:PHR@TRlaw-spokane.com"><span style="color:blue">PHR@TRlaw-spokane.com</span></a></span></u><span style="font-size:8.0pt;font-family:"Calibri",sans-serif;color:#8496B0"> and destroy the original transmission and its attachments without reading or saving in any manner. Do not deliver, distribute or copy this message and/or any attachment and, if you are not the intended recipient, do not disclose the contents or take any action in reliance upon the information contained in this communication or any attachments.</span><span style="font-size:8.0pt;color:#8496B0"><o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p><p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Marvin Benson<br><b>Sent:</b> Wednesday, March 17, 2021 2:28 PM<br><b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br><b>Subject:</b> [WSBARP] REETA<o:p></o:p></span></p><p class="MsoNormal"><o:p> </o:p></p><div><p class="MsoNormal">HI<o:p></o:p></p><div><p class="MsoNormal">This must be a really stupid question. Here goes: Deed of real estate condo unit for zero dollars. Seller just wants relief from future association dues and assessments. Therefore not a gift. <o:p></o:p></p></div><div><p class="MsoNormal">What will treasurer accept on the REETA?<o:p></o:p></p></div><div><p class="MsoNormal"><o:p> </o:p></p></div><div><p class="MsoNormal">Marvin Benson<o:p></o:p></p></div></div></div><span>***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.***</span><br><span></span><br><span>_______________________________________________</span><br><span>WSBARP mailing list</span><br><span>WSBARP@lists.wsbarppt.com</span><br><span>http://mailman.fsr.com/mailman/listinfo/wsbarp</span></div></blockquote></div></body></html>