This question recently came from one of our valued clients in the Bellevue, WA area:

Q: Does King County charge additional recording fees when the Purchase and Sale agreement accompanies the excise tax affidavit?

A: The Washington State Department of Revenue conducts an audit of every excise tax affidavit that is processed in connection with sale transactions whenever the sales price is less than the tax assessed value (or whenever the transaction is considered exempt from excise tax).

Although the specific requirements may vary slightly from county to county it may be necessary to provide a copy of the purchase and sale agreement (a/k/a “the contract”) to accompany the excise tax affidavit and the sale documents. The copy of the contract is not recorded and there is no additional cost or fee involved with providing it to the County.

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Tags: excise tax king county, gregg colbo, recording requirements
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