Shown verbatim: the complete text as captured from the official page posted by the Washington Legislature, fetched 2026-08-29. This is the chaptered version. The official bill page.
CERTIFICATION OF ENROLLMENT SUBSTITUTE HOUSE BILL 1081 Chapter 77, Laws of 2025 69TH LEGISLATURE 2025 REGULAR SESSION SOLICITED REAL PROPERTY—OWNER PROTECTIONS EFFECTIVE DATE: July 27, 2025 Passed by the House March 4, 2025 Yeas 56 Nays 39 LAURIE JINKINS Speaker of the House of Representatives Passed by the Senate April 10, 2025 Yeas 30 Nays 19 DENNY HECK President of the Senate CERTIFICATE I, Bernard Dean, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is SUBSTITUTE HOUSE BILL 1081 as passed by the House of Representatives and the Senate on the dates hereon set forth. BERNARD DEAN Chief Clerk Chief Clerk Approved April 21, 2025 9:12 AM FILED April 21, 2025 BOB FERGUSON Governor of the State of Washington Secretary of State State of Washington SUBSTITUTE HOUSE BILL 1081 Passed Legislature - 2025 Regular Session State of Washington 69th Legislature 2025 Regular Session By House Consumer Protection & Business (originally sponsored by Representatives Donaghy, Connors, Ryu, Taylor, Fosse, Kloba, and Reeves) READ FIRST TIME 02/21/25. AN ACT Relating to establishing consumer protections for owners of solicited real estate; and adding a new chapter to Title 61 RCW. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON: NEW SECTION. Sec. 1. (1) For real estate transactions executed on or after January 1, 2026, in which a potential buyer or someone representing a potential buyer actively solicits the purchase of real property through public advertising or written, electronic, or in-person contact with an owner of real property that is not currently publicly available or listed on the real estate market for purchase, the owner of the solicited real property shall, upon execution of a purchase contract between the potential buyer and the owner of the solicited real property: (a) Have the right to an appraisal of the real property by an appraiser licensed in accordance with chapter 18.140 RCW, which right shall be expressly included in the purchase contract between the potential buyer and the owner of the solicited real property; and (b) Have the right to cancel the purchase contract without penalty or further obligation subject to subsection (2) of this section. (2)(a) For owners of the solicited real property who wish to exercise their right to an appraisal: (i) The owner has the right to select the appraiser, and the potential buyer is responsible for the expense of the appraisal; (ii) The appraisal must be ordered within three business days after the execution of the purchase contract, and the owner of the solicited real property shall notify the potential buyer of the appraisal; and (iii) The owner of the solicited real property has the right to cancel the purchase contract, without penalty or further obligation, within four business days after the appraisal is received. (b) For owners of solicited real property who do not wish to receive an appraisal, the owner has the right to cancel the purchase contract without penalty or further obligation within 10 business days after execution of the contract. (c) In the event of cancellation, the owner of the solicited real property shall send a notice of cancellation to the buyer by mail, telegram, email, or other means of written communication. Notice of cancellation is considered given when mailed, when filed for telegraphic transmission, when emailed, or, if sent by other means, when delivered to the buyer's designated place of business. (3) The purchase contract for a real estate transaction described in this section must state clearly in at least size 10-point boldface type, and the seller must affirmatively acknowledge in writing, that the seller: (a) Has a right to an appraisal as specified in subsection (2) of this section; and (b) Has a right to cancel the purchase contract without penalty or further obligation in accordance with subsection (2) of this section. (4) This section does not apply to a buyer or seller represented by a real estate broker licensed in accordance with chapter 18.85 RCW. (5) Nothing in this chapter affects the rights accruing to any party as set forth in RCW 64.04.220. (6) The legislature finds that the practices covered by this section are matters vitally affecting the public interest for the purpose of applying the consumer protection act, chapter 19.86 RCW. A violation of this section is not reasonable in relation to the development and preservation of business and is an unfair or deceptive act in trade or commerce and an unfair method of competition for the purpose of applying the consumer protection act, chapter 19.86 RCW. NEW SECTION. Sec. 2. Section 1 of this act constitutes a new chapter in Title 61 RCW. Passed by the House March 4, 2025. Passed by the Senate April 10, 2025. Approved by the Governor April 21, 2025. Filed in Office of Secretary of State April 21, 2025.
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