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 […]
64.90.645 – Deposits—Escrow.
RCW 64.90.645 Deposits—Escrow. (1) Except as provided in subsection (2) of this section, any deposit made in connection with the right to purchase a unit from a person required to deliver a public offering statement pursuant to RCW 64.90.605(3) must be placed in escrow and held in this state in an escrow or trust account […]
64.90.650 – Liens—Release.
RCW 64.90.650 Liens—Release. (1) In the case of a sale of a unit when delivery of a public offering statement is required pursuant to RCW 64.90.605(3) and subject to subsection (2) of this section, a seller before conveying a unit: (a) Must record or furnish to the purchaser releases of all liens that encumber: (i) […]
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 […]
64.90.555 – Reserve study—Demand—Enforcement.
RCW 64.90.555 Reserve study—Demand—Enforcement. (1) When more than three years have passed since the date of the last reserve study prepared by a reserve study professional, unit owners of units to which at least twenty percent of the votes in the association are allocated may demand in a record delivered to the board that the […]
64.90.560 – Reserve account—Reserve study—Reserve disclosure—Liability.
RCW 64.90.560 Reserve account—Reserve study—Reserve disclosure—Liability. Except for an award for attorneys’ fees and costs under RCW 64.90.555(2), monetary damages or other liability may not be awarded against or imposed upon the association or its officers or board members, or upon any person who may have provided advice or assistance to the association or its […]