<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
</head>
<body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">
Dear Ms. Li, the POS under RCW 64.34.410 is required to include the CC&Rs (called the declaration in the statute) but it must also include a great deal more. If the client has never received the POS, then the client has the right to rescind up to seven days
after receipt of the POS, not merely the CC&Rs. If only the CC&Rs are provided, then the seller has still not complied and I believe the buyer can rescind up to closing. Yours truly, Doug Owens<br class="">
<div><br class="">
<blockquote type="cite" class="">
<div class="">On May 28, 2021, at 11:35 AM, Carol Li <<a href="mailto:li.carol1004@gmail.com" class="">li.carol1004@gmail.com</a>> wrote:</div>
<br class="Apple-interchange-newline">
<div class="">
<div dir="ltr" class="">
<div class="">PC wants to back out of a new construction townhouse purchase and gets his refund of the EMs. On the purchase agreement he signed, the project opted in WUCIOA and states" Buyer has the right to cancel the contract within 7 days after receiving
the Public Offering Statement under RCW 64.90.635 if the POS is not provided before entering the agreement" </div>
<div class="">PC and his agent never received any condo paperwork from the listing agent or the builder. Now, they requested when they can receive the Public Offering Statement, the listing agent replied" The
<i class="">CC&R</i> should be ready within 45 days". </div>
<div class="">Now the question is, does this "CC&R" equals the POS in the contract? Does PC have the right to cancel the contract and get his refund of EMs within 7 days after receiving this CC&R? </div>
<div class=""><br class="">
</div>
<div class="">Thank you very much. Have a great weekend! <br clear="all" class="">
<div class=""><br class="">
</div>
-- <br class="">
<div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature">
<div dir="ltr" class="">
<div class="">
<div dir="ltr" class="">
<div dir="ltr" class="">
<div dir="ltr" class="">
<div dir="ltr" class="">
<div dir="ltr" class="">Carol Li
<div class="">Phone: 425 232 0316 <br class="">
</div>
<div class=""> <b class="">"<i class="">When you think positive, good things happen"</i></b></div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
***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 class="">
<br class="">
_______________________________________________<br class="">
WSBARP mailing list<br class="">
<a href="mailto:WSBARP@lists.wsbarppt.com" class="">WSBARP@lists.wsbarppt.com</a><br class="">
http://mailman.fsr.com/mailman/listinfo/wsbarp</div>
</blockquote>
</div>
<br class="">
</body>
</html>