States / Washington / HB 1500

HB 1500 Enacted

Concerning resale certificates for units in common interest communities.

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Engrossed Substitute Bill — · 2K words Open full page ↗



ENGROSSED SUBSTITUTE HOUSE BILL 1500

State of Washington

69th Legislature

2025 Regular Session

By House Housing (originally sponsored by Representatives Reed, Entenman, Gregerson, Peterson, Fosse, Farivar, Doglio, Alvarado, Hill, Berry, Simmons, Ormsby, and Macri)

READ FIRST TIME 02/14/25.

AN ACT Relating to resale certificates for units in common interest communities; and amending RCW 64.90.640 .

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. RCW 64.90.640 and 2025 c 119 s 29 are each amended to read as follows:

(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) or unless the buyer of a unit within a common interest community has expressly waived the right to receive a resale certificate because it is unavailable as provided in RCW 64.90.600 (4), 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 an officer or authorized agent of the association and based on the books and records of the association and the actual knowledge of the person signing the certificate, containing all of the following and the statement "NONE" or "RECORDS UNAVAILABLE" for each category of records that is not provided :

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