Washington Statutes
§ 64.36.130 — Impoundment of proceeds from sales authorized—Establishment of trusts, escrows, etc.
Washington § 64.36.130
This text of Washington § 64.36.130 (Impoundment of proceeds from sales authorized—Establishment of trusts, escrows, etc.) 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 § 64.36.130 (2026).
Text
(1)The director may by rule require as a condition of registration under this chapter that the proceeds from the sale of the timeshares be impounded until the promoter receives an amount established by the director. The director may by rule determine the conditions of any impoundment required under this section, including the release of moneys for promotional purposes.
(2)The director, in lieu of or in addition to requiring impoundment under subsection (1) of this section, may require that the registrant establish trusts, escrows, or any other similar arrangement that assures the timeshare purchaser quiet enjoyment of the timeshare unit.
(3)Impounding will not be required for those timeshare offerors who are able to convey fee simple title, along with title insurance: PROVIDED, That n
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Legislative History
[1983 1st ex.s. c 22 s 13.]
Nearby Sections
15
§ 64.04.010
Conveyances and encumbrances to be by deed.§ 64.04.020
Requisites of a deed.§ 64.04.030
Warranty deed—Form and effect.§ 64.04.040
Bargain and sale deed—Form and effect.§ 64.04.050
Quitclaim deed—Form and effect.§ 64.04.060
Word "heirs" unnecessary.§ 64.04.070
After acquired title follows deed.§ 64.04.090
Private seals abolished.§ 64.04.100
Private seals abolished—Validation.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 64.36.130, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/64.36.130.