EstatePass
Mandated DisclosuresSeller_disclosure_statement_form_17_requirementsHARD

Angela is selling her home 'as-is' and inserts a clause in the purchase and sale agreement stating that the buyer waives all rights under RCW Chapter 64.06 and agrees to accept the property without any seller disclosure. Angela's broker believes this waiver is valid. Under Washington law, which of the following is the correct legal effect of this waiver clause?

Correct Answer

A) The waiver is unenforceable because RCW 64.06 rights cannot be contractually waived by the parties

Under RCW 64.06.013, the seller's disclosure obligations and the buyer's rescission rights are statutory protections that cannot be waived by contract. An 'as-is' clause in a purchase and sale agreement does not eliminate the seller's duty to complete and deliver Form 17 or the buyer's three-business-day right of rescission. Any contractual provision purporting to waive these statutory rights is void and unenforceable under Washington law.

Answer Options
A
The waiver is unenforceable because RCW 64.06 rights cannot be contractually waived by the parties
B
The waiver is enforceable only for defects that the seller did not know about at the time of signing
C
The waiver is fully enforceable because parties to a contract may waive any statutory right by mutual agreement
D
The waiver is enforceable only if the buyer's attorney reviews and approves it before signing

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Mandated Disclosures Question

Sign up free to unlock full analysis

Background Knowledge for Mandated Disclosures

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Mandated Disclosures

Sign up free to unlock full analysis

Common Mistakes to Avoid on Mandated Disclosures Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

form_17as_is_clausewaivernon_waivablercw_64_06consumer_protection

Related Concepts

A stigmatized property is one that has an undesirable reputation due to events that occurred on the property or nearby, such as a murder, suicide, alleged haunting, or proximity to a registered sex offender. The stigma is psychological, not physical.

An as-is clause in a real estate contract states that the buyer accepts the property in its current condition without requiring the seller to make any repairs. However, an as-is sale does NOT eliminate the seller's obligation to disclose known defects.

Asbestos disclosure involves informing buyers about the presence of asbestos-containing materials (ACMs) in a property. Asbestos was commonly used in construction materials before 1980 and poses health risks when fibers become airborne.

Was this explanation helpful?

More Mandated Disclosures Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing