64.90.655 – Conversion buildings—Tenant rights—City and county requirements—Violations.
RCW 64.90.655 Conversion buildings—Tenant rights—City and county requirements—Violations. (1)(a) A declarant or dealer who intends to offer units in a conversion building must give each of the residential tenants and any residential subtenants in possession of a portion of a conversion building notice of the conversion and provide those persons with the public offering statement […]
64.90.660 – Conversion buildings—Common interest community units—Report.
RCW 64.90.660 Conversion buildings—Common interest community units—Report. (1) All cities and counties planning under RCW 36.70A.040, which have inspected any conversion buildings or managed the payment of relocation assistance within the jurisdiction within the previous twelve-month period, must report annually to the department of commerce the following information: (a) The total number of apartment units […]
64.90.665 – Express warranties.
RCW 64.90.665 Express warranties. (1) Subject to subsections (2) and (3) of this section, express warranties made by any declarant or dealer to a purchaser of a unit in a condominium, if relied upon by the purchaser in purchasing the unit, are created as follows: (a) Any written affirmation of fact or written promise that […]
64.90.670 – Implied warranties of quality.
RCW 64.90.670 Implied warranties of quality. (1) A declarant and any dealer warrants to a purchaser of a condominium unit that the unit will be in at least as good condition at the earlier of the time of the conveyance or delivery of possession as it was at the time of contracting, except for reasonable […]
64.90.625 – Public offering statement—Disclosure document.
RCW 64.90.625 Public offering statement—Disclosure document. If a unit is offered for sale for which the delivery of a public offering statement or other disclosure document is required under the laws of any state or the United States, a single disclosure document conforming to the requirements of RCW 64.90.610, 64.90.615, and 64.90.620 and conforming to […]
64.90.630 – Public offering statement—Contract of sale—Conveyance restriction.
RCW 64.90.630 Public offering statement—Contract of sale—Conveyance restriction. In the case of a sale of a unit in which delivery of a public offering statement is required, a contract of sale may be executed unless otherwise prohibited by applicable law, but interest in that unit may not be conveyed until: (1) The declaration and map […]
64.90.635 – Purchaser’s right to cancel.
RCW 64.90.635 Purchaser’s right to cancel. (1) The purchaser may cancel a contract for the purchase of the unit within seven days after first receiving the public offering statement. If the public offering statement is first provided to a purchaser more than seven days before execution of a contract for the purchase of a unit, […]
64.90.640 – Unit resales—Resale certificate.
RCW 64.90.640 Unit resales—Resale certificate. (1) Except in the case of a sale when delivery of a public offering statement is required, or unless exempt under RCW 64.90.600(2), a unit owner must furnish to a purchaser before execution of any contract for sale of a unit, or otherwise before conveyance, a resale certificate, signed by […]
64.90.540 – Reserve account—Withdrawals.
RCW 64.90.540 Reserve account—Withdrawals. (1) The board may withdraw funds from the association’s reserve account to pay for unforeseen or unbudgeted costs that are unrelated to replacement costs of the reserve components. Any such withdrawal must be recorded in the minute books of the association. The board must give notice of any such withdrawal to […]
64.90.545 – Reserve study.
RCW 64.90.545 Reserve study. (1) Unless exempt under subsection (2) of this section, an association must prepare and update a reserve study in accordance with this chapter. An initial reserve study must be prepared by a reserve study professional and based upon either a reserve study professional’s visual site inspection of completed improvements or a […]