Washington § 64.34.040 Separate interests—Taxation.(Effective until January 1, 2028.)

Washington Statutes

§ 64.34.040 — Separate interests—Taxation.(Effective until January 1, 2028.)

Washington § 64.34.040

Title 64REAL PROPERTY AND CONVEYANCES

Ch. 64.34CONDOMINIUM ACT

This text of Washington § 64.34.040 (Separate interests—Taxation.(Effective until January 1, 2028.)) 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 § 64.34.040 (2026).

Text

(1)If there is any unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real property.

(2)If there is any unit owner other than a declarant, each unit together with its interest in the common elements must be separately taxed and assessed.

(3)If a development right has an ascertainable market value, the development right shall constitute a separate parcel of real property for property tax purposes and must be separately taxed and assessed to the declarant.

(4)If there is no unit owner other than a declarant, the real property comprising the condominium may be taxed and assessed in any manner provided by law.

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(1) If there is any unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real property.

(2) If there is any unit owner other than a declarant, each unit together with its interest in the common elements must be separately taxed and assessed.

(3) If a development right has an ascertainable market value, the development right shall constitute a separate parcel of real property for property tax purposes and must be separately taxed and assessed to the declarant.

(4) If there is no unit owner other than a declarant, the real property comprising the condominium may be taxed and assessed in any manner provided by law.