Washington § 61.34.110 Notice of distressed homeowner's right to cancel.

Washington Statutes

§ 61.34.110 — Notice of distressed homeowner's right to cancel.

Washington § 61.34.110

Title 61MORTGAGES, DEEDS OF TRUST, AND REAL ESTATE CONTRACTS

Ch. 61.34DISTRESSED PROPERTY CONVEYANCES

This text of Washington § 61.34.110 (Notice of distressed homeowner's right to cancel.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 61.34.110 (2026).

Text

(1)The contract required in RCW 61.34.080 must contain, in immediate proximity to the space reserved for the distressed homeowner's signature, the following conspicuous statement in at least fourteen-point boldface type if the contract is printed, or in capital letters if the contract is typed: "You may cancel this contract for the sale of your house without any penalty or obligation at any time before See the attached notice of cancellation form for an explanation of this right." The distressed home purchaser shall accurately enter the date and time of day on which the cancellation right ends.

(2)The contract must be accompanied by a completed form in duplicate, captioned "NOTICE OF CANCELLATION" in twelve-point boldface type if the contract is printed, or in capital letters if the

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(1) The contract required in RCW 61.34.080 must contain, in immediate proximity to the space reserved for the distressed homeowner's signature, the following conspicuous statement in at least fourteen-point boldface type if the contract is printed, or in capital letters if the contract is typed:

"You may cancel this contract for the sale of your house without any penalty or obligation at any time before

See the attached notice of cancellation form for an explanation of this right."

The distressed home purchaser shall accurately enter the date and time of day on which the cancellation right ends.

(2) The contract must be accompanied by a completed form in duplicate, captioned "NOTICE OF CANCELLATION" in twelve-point boldface type if the contract is printed, or in capital letters if the contract is typed, followed by a space in which the distressed home purchaser shall enter the date on which the distressed homeowner executes any contract. This form must be attached to the contract, must be easily detachable, and must contain in at least twelve-point type if the contract is printed, or in capital letters if the contract is typed, the following statement written in the same language as used in the contract:

"NOTICE OF CANCELLATION

You may cancel this contract for the sale of your house, without any penalty or obligation, at any time before

To cancel this transaction, personally deliver a signed and dated copy of this cancellation notice to

at

NOT LATER THAN

I hereby cancel this transaction.

. . . . . . . . . .

(Date)

(3) The distressed home purchaser shall provide the distressed homeowner with a copy of the contract and the attached notice of cancellation at the time the contract is executed by all parties.

(4) The five-business-day period during which the distressed homeowner may cancel the contract must not begin to run until all parties to the contract have executed the contract and the distressed home purchaser has complied with this section.