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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif">John, remember that a Real Estate Contract is just another method of selling the property. Even though the Vendor retains ownership of record, the vendee is buying the
property. As you know, once the loan is paid in full, the Vender delivers a fulfilment deed to the Vendee. The Vendor is acting as the bank. So, with this understanding in mind, ALL costs of the property are to be taken over by the Vendee. Just as no lender
under a standard deed of trust would want to be liable for HOA fees (why should they? They are “only” the lender), no Vendor under Real Estate Contract would be willing to be responsible for HOA fees.<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>
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<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>
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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>Michael Brandt<br>
<b>Sent:</b> Monday, August 29, 2022 9:42 AM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBARP] Homeowner assessments and Real estate contracts<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif">John:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif">My practice is mostly association disputes and assessments are lienable. As such, I would tighten up that language to exclude assessments from the association is that is the
intent.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="text-autospace:none"><i><span style="font-size:14.0pt;font-family:"Segoe Script";color:#1F497D">Michael D. Brandt</span></i><span style="font-size:14.0pt;font-family:"Segoe Script";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-size:14.0pt;font-family:"Arial",sans-serif;color:#1F497D">BRANDT LAW GROUP</span></b><span style="font-family:"Arial",sans-serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Arial",sans-serif;color:#1F497D">1200 - 5th Avenue, Suite 1950<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Arial",sans-serif;color:#1F497D">Seattle, Washington 98101<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Arial",sans-serif;color:#1F497D">206.441.5739<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:"Arial",sans-serif;color:#1F497D">206.299.9115 (fax)<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><a href="https://nam12.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.brandtlawgroup.com%2F&data=05%7C01%7C%7C7f1e1cb9c10e4a9a335108da89de2510%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637973884480134824%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=DQvRW5HaafSrS62GCTjc4PUoTGcidHGgvIr1Gs2dCl8%3D&reserved=0"><span style="font-family:"Arial",sans-serif;color:blue">www.brandtlawgroup.com</span></a><span style="color:#1F497D">
<o:p></o:p></span></p>
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<span style="font-family:"Arial",sans-serif;color:#1F497D">The information contained in this e-mail and in any attached document(s) is CONFIDENTIAL and may be protected by attorney-client privilege and/or the work-product doctrine. The e-mail (and attached
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If you have received this e-mail and/or any attached document(s) in error, please immediately notify us by telephone at (206) 441-5739.</span><span style="color:#1F497D"><o:p></o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b>From:</b> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">
wsbarp-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>>
<b>On Behalf Of </b>John McCrady<br>
<b>Sent:</b> Friday, August 26, 2022 3:32 PM<br>
<b>To:</b> WSBA Real Property (<a href="mailto:wsbarp@LISTS.WSBARPPT.COM">wsbarp@LISTS.WSBARPPT.COM</a>) <<a href="mailto:wsbarp@LISTS.WSBARPPT.COM">wsbarp@LISTS.WSBARPPT.COM</a>><br>
<b>Subject:</b> [WSBARP] Homeowner assessments and Real estate contracts<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">The LPB 44 contains the following language:<o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:13.5pt;font-family:"Times New Roman",serif;color:black">TAXES, ASSESSMENTS, AND UTILITY LIENS.
<u>Purchaser agrees to pay by the date due all taxes <span style="background:yellow;mso-highlight:yellow">
and assessments</span></u> becoming a lien against the property after the date of this Contract.<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Has anyone seen the “Assessments” construed to include Homeowner’s Association assessments?<o:p></o:p></p>
<p class="MsoNormal">We don’t use Real Estate Contracts very much in Pierce County!<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">John McCrady<o:p></o:p></p>
<p class="MsoNormal">Counsel<o:p></o:p></p>
<p class="MsoNormal">Puget Sound Title Company<o:p></o:p></p>
<p class="MsoNormal">5350 Orchard Street West<o:p></o:p></p>
<p class="MsoNormal">University Place WA 98467<o:p></o:p></p>
<p class="MsoNormal">253-476-5721<o:p></o:p></p>
<p class="MsoNormal"><a href="mailto:j.mccrady@pstitle.com">j.mccrady@pstitle.com</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><b><span style="font-size:13.0pt;font-family:"Bodoni MT",serif">Beginning July 26, 2021, recording fees for most documents recorded in Washington
<a href="https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.piercecountywa.gov%2FDocumentCenter%2FView%2F105275%2FRecording-Fee-Schedule-Effective-Jul-25-2021-&data=05%7C01%7C%7C7f1e1cb9c10e4a9a335108da89de2510%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637973884480134824%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=Lgg7I52TffGxe%2FjcAXEkBBfaDVX0uontKL2gb4yTsc8%3D&reserved=0">
will increase by $100</a>. Please be sure to collect recording fees accordingly. Due to the above increase, our Reconveyance fees will also be increased by $100.00</span><o:p></o:p></b></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-top:6.0pt"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">WARNING-FRAUDULENT FUNDING INSTRUCTIONS
</span></b><b><span style="font-size:4.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p></o:p></span></b></p>
<p class="MsoNormal" style="margin-top:6.0pt"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">Email hacking and fraud are on the rise to fraudulently misdirect funds. Please call your escrow officer immediately using contact information
found from an independent source, such as the sales contract or internet, to verify any funding instructions received. We are not responsible for any wire sent by you to an incorrect bank account.<o:p></o:p></span></p>
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