Washington · statute · Wash. Rev. Code ch. 58.19 · 17 active provisions
The legislature finds and declares that the sale and offering for sale of land or of interests in associations which provide for the use or occupancy of land touches and affects a great number of the citizens of this state and that full and complete disclosure to prospective purchasers of pertinent information concerni…
When used in this chapter, unless the context otherwise requires:(1) "Affiliate of a developer" means any person who controls, is controlled by, or is under common control with a developer.(a) A person controls a developer if the person: (i) Is a general partner, officer, director, or employer of the developer; (ii) di…
(1) Unless the method of disposition is adopted for the purpose of evasion of this chapter, the provisions of this chapter shall not apply to land and offers or dispositions:(a) By a purchaser of developed lands for his or her own account in a single or isolated transaction;(b) If fewer than ten separate lots, parcels,…
(1) A developer shall prepare a public offering statement conforming to the requirements of RCW 58.19.055 unless the development or the transaction is exempt under RCW 58.19.030.(2) Any agent, attorney, or other person assisting the developer in preparing the public offering statement may rely upon information provided…
(1) A public offering statement shall contain the following information:(a) The name, and the address or approximate location, of the development;(b) The name and address of the developer;(c) The name and address of the management company, if any, for the development;(d) The relationship of the management company to th…
The developer shall immediately amend the public offering statement to include any material changes affecting the development. No change in the substance of the promotional plan or plan of disposition or completion of the development may be made without first making an appropriate amendment of the public offering state…
No portion of the public offering statement form may be underscored, italicized, or printed in larger or heavier or different color type than the remainder of the statement unless the director so requires.
The public offering statement shall not be used for any promotional purposes. It may not be distributed to prospective purchasers before registration of the development and may be distributed afterwards only when it is used in its entirety. No person may advertise or represent that the state of Washington or the direct…
It shall be unlawful for the developer to make a sale of lots or parcels within a development which is subject to a blanket encumbrance which does not contain, within its terms or by supplementary agreement, a provision which shall unconditionally provide that the purchaser of a lot or parcel encumbered thereby can obt…
It shall be unlawful for the developer to sell a lot or parcel within a development if the terms of the sale require that the purchaser pay any sum in addition to the purchase price for constructing, completing, or maintaining improvements to the development unless the sums are to be paid directly to:(1) A governmental…
No person shall publish in this state any advertisement concerning a development subject to the requirements of this chapter which contains any statements that are materially false, misleading, or deceptive.
If a developer, or any other person subject to this chapter, fails to comply with any provision of this chapter, any person or class of persons adversely affected by the failure to comply may seek appropriate relief through an action for damages or an injunctive court order. The court, in an appropriate case, may award…
(1) The commission by any person of an act or practice prohibited by this chapter is hereby declared to be a matter affecting the public interest for the purpose of applying chapter 19.86 RCW and is not reasonable in relation to the development and preservation of business. A violation of this chapter constitutes an un…
Dispositions of an interest in a development are subject to this chapter, and the superior courts of this state have jurisdiction in claims or causes of action arising under this chapter, if:(1) The interest in a development offered for disposition is located in this state;(2) The developer maintains an office in this…
If, before disposition of all or any portion of a development which is covered by this chapter, a condition constituting a physical hazard is discovered on or around the immediate vicinity of the development, the developer or government agency discovering such condition shall notify the purchasers of the affected lands…
The provisions of this chapter shall be construed liberally so as to give effect to the purposes stated in RCW 58.19.010.
This chapter may be cited as the land development act.