Recent News

When Is A Settlement Final?

Washington State Real Estate Law Lawyer Andrew M. McKenzie | 1/30/2023
Most litigation ends in some form of settlement without a trial actually taking place.  But one critical question becomes, “At what point in time does a party enjoy protection from further litigation via a settlement agreement?”  A recent unpublished decision illustrates the perils of assuming a settlement is a done deal when there are still… Read More

Why Should I Read My Preliminary Title Commitment or Title Report?

The Lawyers at Beresford Booth | 1/30/2023
If you are buying or selling real estate, whether residential or commercial, the transaction will most likely include a requirement for the seller to provide the buyer with title insurance. The first step in that process is to get what is usually referred to as a preliminary title commitment or a title report. It is… Read More

How to Correct a Legal Description in your Deed or Deed of Trust 

Washington State Business and Real Estate Law Lawyer Babak Shamsi | 1/17/2023
From time to time, parties that enter contractual relationships involving real property find themselves in circumstances where the document of conveyance or encumbrance, such as a vesting deed or a deed of trust, contains an improper legal description. In the case of the purchase and sale of real estate, this can leave parties with a… Read More

Excise Tax Threshold Increases 2023 – Washington State

Washington State Business & Real Estate Lawyer William O. Kessler | 1/9/2023
Real estate excise tax (“REET”) is generally owing on the sale of every parcel of real estate in Washington. REET is one tax that has actually decreased for most Washingtonians in recent years. Recently, the Washington State Department of Revenue (DOR) released the graduated real estate excise tax (REET) threshold increases for 2023, effective January… Read More

Unconscionability of Construction Warranties

Washington State Business & Real Estate Lawyer William O. Kessler | 11/3/2022
About a week ago, the Washington Supreme Court released an important opinion regarding construction warranties for new homes. See Tadych v. Noble Ridge Construction, 2022 WL 15027140 (Wash. 2022). The Court held that a contractual one-year time limit for a new home buyer to bring a construction defect suit was substantively unconscionable and, therefore, void… Read More

Real Estate Contracts – What Are They?

Washington State Real Estate Law Lawyer Andrew M. McKenzie | 11/1/2022
Most people when they hear the term “real estate contract” probably think of a purchase and sale agreement, but there are actually important distinctions, no matter how similar the two terms may sound. In the real estate contract, a purchase and sale agreement is a contract under which, in exchange for a purchase price paid… Read More

Introduction to Real Property Conveyance Deeds

Washington State Business and Real Estate Law Lawyer Babak Shamsi | 10/3/2022
Parties often grant legal rights by way of written deeds. A deed affecting real property typically encumbers or conveys that property. In Washington State, parties may convey real property by way of a variety of deeds.   The most common conveyance deeds in Washington State include Statutory Warranty Deeds, Bargain and Sale Deeds, and Quit… Read More

What is the Statute of Frauds?

Washington State Business and Real Estate Law Lawyer Babak Shamsi | 9/7/2022
Washington State affords great flexibility to parties that want to enter into a contractual arrangement. Indeed, in Washington State, parties to a contract do not have to create a written contract to have an enforceable agreement. Of course, oral contracts often create confusion and leave parties open to expensive litigation that they could have avoided… Read More