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 § 7.]
Structure Revised Code of Washington
Title 61 - Mortgages, Deeds of Trust, and Real Estate Contracts
Chapter 61.34 - Distressed Property Conveyances.
61.34.010 - Legislative findings.
61.34.040 - Application of consumer protection act—Remedies are cumulative.
61.34.045 - Arbitration not required.
61.34.050 - Distressed home consulting transaction—Requirements—Notice.
61.34.060 - Distressed home consultant—Fiduciary duties.
61.34.080 - Distressed home reconveyance—Requirements.
61.34.090 - Distressed home reconveyance—Entire agreement—Terms—Notice.
61.34.100 - Distressed homeowner's right to cancel.
61.34.110 - Notice of distressed homeowner's right to cancel.