RCW 53.25.160
Devotion of property to intended use—Remedy—Restraint on alienation.
The purchaser shall, within one year from the date of purchase, devote the property to its intended use, or shall commence work on the improvements thereon to devote it to such use, and if he or she fails to do so, the port commission may cancel the sale and return the money paid on the purchase price, and title to the property shall revert to the district. This remedy shall be in addition to any other remedy under the terms of the sale. No purchaser shall transfer title to such property within one year from the date of purchase.
[ 2010 c 8 § 16008; 1955 c 73 § 16. Prior: 1939 c 45 § 13, part; RRS § 9709-13, part; RCW 53.28.060.]
Structure Revised Code of Washington
Chapter 53.25 - Industrial Development Districts—Marginal Lands.
53.25.010 - Marginal lands—Declaration of policies and purposes.
53.25.020 - Marginal lands—Further declaration.
53.25.030 - "Marginal lands" defined.
53.25.040 - Industrial development districts authorized—Boundaries—Deletion of land area.
53.25.050 - Tax title lands may be conveyed to district.
53.25.060 - Private lands may be conveyed to district—Cancellation of taxes.
53.25.070 - Discharge of trust.
53.25.080 - When lands revert to county.
53.25.090 - Conditions precedent to making improvements.
53.25.100 - Powers as to industrial development districts.
53.25.110 - Sale authorized in industrial development district.
53.25.130 - Findings and determination—Record—Appeal.
53.25.140 - Action on determination—Sale by competitive bid or negotiation.
53.25.150 - Competitive bids—Conditions—Acceptance.
53.25.160 - Devotion of property to intended use—Remedy—Restraint on alienation.
53.25.170 - Covenant running with the land—Forfeiture.
53.25.200 - Advances of general fund moneys or credit.
53.25.210 - Determination that land sought by eminent domain is marginal.