Seller Disclosure Statement (Form 17)
/Here in Washington, the Seller Disclosure Statement is required by law. Most sellers (with a few narrow exceptions) must complete and provide one to a buyer. Upon receipt, the buyer has three days to rescind the contract and walk away (with a return of the earnest money, of course).
This form is most commonly called the Form 17, because that is the designation given it by the Northwest Multiple Listing Service. The law requires specific language, so the terms - and forms - are interchangeable.
If you're looking for one to use, you’ll find one here.
Selling FSBO? Got a good lawyer on board?
Do a little research, and you’ll find a wide consensus: If you are selling by yourself, you should hire a lawyer to help out. I’ve been helping “For Sale By Owner” sellers for more than a decade. I’d love to lend a hand.
Or reach out to one of my colleagues. Several of us from around the state have linked up to promote the use of a lawyer instead of a real estate broker.