2015 Revised Code of Washington
Title 61 - MORTGAGES, DEEDS OF TRUST, AND REAL ESTATE CONTRACTS
61.34 Distressed property conveyances.
61.34.100 Distressed homeowner's right to cancel.
RCW 61.34.100 Distressed homeowner's right to cancel.
(1) In addition to any other right of rescission, a distressed homeowner has the right to cancel any contract with a distressed home purchaser until midnight of the fifth business day following the day on which the distressed homeowner signs a contract that complies with this chapter or until 8:00 a.m. on the last day of the period during which the distressed homeowner has a right of redemption, whichever occurs first.
(2) Cancellation occurs when the distressed homeowner delivers to the distressed home purchaser, by any means, a written notice of cancellation to the address specified in the contract.
(3) A notice of cancellation provided by the distressed homeowner is not required to take the particular form as provided with the contract.
(4) Within ten days following the receipt of a notice of cancellation under this section, the distressed home purchaser shall return without condition any original contract and any other documents signed by the distressed homeowner.
[2008 c 278 ยง 7.]
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