The exemption allowed under WAC 458-61A-215(2)(d) for addition of a co-signor to title and (2)(e) for removal of a co-signor from title require a narrative submitted with the Real Estate Excise Tax Affidavit. Due to the high level of misuse resulting in unintended tax...
To Quit Claim or Not to Quit Claim: Weighing the Pros and Cons When it comes to real estate transactions in Washington State, one important decision to make is whether to use a Quit Claim Deed (QCD) or explore other options. A Quit Claim Deed (QCD) is a legal document...
The Common Misuse of Power of Attorney in Real Estate Transactions Power of Attorney (POA) is a legal document that allows one person (the principal) to grant another person (the agent or attorney-in-fact) the authority to act on their behalf in various...
Title insurance is an essential part of the real estate transaction process. It provides protection for both homebuyers and lenders against any unforeseen issues that may arise with the property’s title. While title insurance aims to offer peace of mind, there...
