Real Estate Excise Tax

Stay within the loop with the latest clearance charges and recent sales. A deed in lieu or declaration of forfeiture of a real estate contract. To declare an exemption, record the exemption code in section 7 of the REET Affidavit. The exemption code must reference the Washington Administrative Code together with the section and subsection. Controlling curiosity transfer returns and payment should be mailed on to the division at the handle on the highest left corner of the return.

• National, regional, and metro-market level housing statistics the place data is out there.
• Locate and appraise undeveloped areas for building websites, primarily based on evaluations of space market conditions.
• As leases expire amid a sizzling rental market, tenants are reporting huge lease hikes.

On a controlling curiosity transfer, REET fee should be postmarked within five days from the date of switch. Penalties and curiosity are due if …