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Category: Real Estate

New Residential Landlord Tenant Past Due Rent Law (Effective 6/11/2020)

SENATE BILL REPORT ESHB 2535 SESSION LAW – CHAPT 177 As Passed Senate – Amended, March 3, 2020 Effective June 11, 2020 Title:  An act relating to providing for a grace period before late fees may be imposed for past due rent. Brief Description:  Providing for a grace period before late fees may be imposed […]

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Washington State Exemptions From 3/23/2020 Shelter In Place Order

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Spokane bans evictions, late rent fees through April 30 

The Spokane City Council approved a modified emergency declaration by Mayor Nadine Woodward that extends protections against evictions during the 2019 novel coronavirus (COVID-19) outbreak.The declaration bans residential and commercial evictions, except in the case of imminent threat to people or property. It also bans all fees related to late rent payments.The measures were passed unanimously, […]

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Inslee announces relief for businesses, workers, renters and more in response to COVID-19 outbreak

Source: Inslee announces relief for businesses, workers, renters and more in response to COVID-19 outbreak

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2020 Changes to Washington State Residential Landlord Tenant Act

FINAL BILL REPORT ESSB 6378 Synopsis as Enacted Background:  Residential-Landlord Tenant Act. The Residential Landlord-Tenant Act (RLTA) regulates the creation of residential tenancies and the relationship between landlords and tenants of residential dwelling units.  The RLTA establishes rights and duties of both tenants and landlords, procedures for the parties to enforce their rights, and remedies […]

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New Grace Period Before Late Fees Maybe Imposed Upon Washington State Residential Tenants.

HOUSE BILL REPORT ESHB 2535 Brief Description:  Providing for a grace period before late fees may be imposed for past due rent. Summary Prohibits a landlord from charging late fees for past due rent unless the rent is at least five days past due; however, if the rent is more than five days past due […]

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No Excise Tax Due on Real Estate Wholesaler Assignments

When a Washington State wholesaler sells their buyer’s interest in a real estate sale agreement involving Washington State real property there is usually no excise tax due on the consideration. Generally, excise tax is due on the transfer of all Washington State real estate transfers. WAC 458-61A-100. In real estate wholesaling, a wholesaler contracts a […]

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Wholesaling Real Estate Contracts in Washington State May Require Being Licensed As A Real Estate Broker (RCW 18.85)

Wholesaling Real Estate Contracts in Washington State May Require Being Licensed As A Real Estate Broker (RCW 18.85)

In 2010, the Washington State Department of Licensing (“DOL”) issued a ‘guidance’ stating there are situations where an individual or business who engages in ‘wholesaling’ of a real estate purchase contract may be required to be licensed as a real estate broker under Chapters 18.85, 18.86.030, and 18.235 RCW. As this is merely a ‘guidance’, […]

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Action or Study: City of Spokane Tenants, Landlords Split

Action or study: Tenants, landlords split (Spokesman Review 12/8/19) HOUSING City Council’s ordinance delay heats up simmering dispute By Adam Shanks THE SPOKESMAN-REVIEW Deb Ost expected to sign a new lease on the duplex she had already lived in for seven years in June. Instead, she received a 20-day notice to vacate. She was never given […]

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Spokane Real Estate

Spokane | Spokane has highest inbound home shoppers in the country, study shows https://www.newsbreakapp.com/n/0NMTqwv9?s=a99&pd=01VNGbae

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