Legal Question in Real Estate Law in Washington

Re: Selling a time-share condo

There are services you can hire, for much less than the cost of an agent, to help you with the purchase and sale agreement of your property.

If you used google, I am certain you would find several.

The purchase and sale agreement is a form; I have never looked for it but I bet it is on-line.

So long as you understand the meaning of each clause, there is no real reason that you can't do it yourself.

There is a mandatory disclosure of known defects. If you fail to disclose and the buyer encounters a problem you could be liable.

You are going to need an escrow company to handle the actual transaction. Escrow companies are limited practice officers, licensed by the Bar to conduct closings. They cannot give you legal advice, but they can close the transaction. Using the services of an escrow company is not optional.

The escrow company will prepare the deed/deed of trust and prom. note, real estate excise tax affidavit or other documents that may be necessary to transfer your interest to your buyer.

You are also going to want to review the documents you signed when you purchased this interest and be sure your new sale meets whatever terms could be imposed by your lender.

Hope this helps. Elizabeth Powell