Skip to main content
HomeDistressed Property Conveyance Act - Supreme Court Opinion

Distressed Property Conveyance Act

A Washington Supreme Court Opinion was issued in 2014

regarding the Distressed Property Conveyance Act.

Washington State enacted the Distressed Property Conveyance Act several years ago as a means of providing consumer protection to home owners from unscrupulous real estate investors who engaged in equity skimming. Though the law has, in our opinion, far-reaching and some seemingly unattainable attributes, it is in fact law that we all have to abide by.

The Washington State Supreme Court issued a new opinion on February 06, 2014. This opinion stems from litigation related to the Distressed Property Conveyance Act. 

The opinion acknowledges the statutory provision of RCW 61.34 that includes properties that are either (1) "in danger of foreclosure or at risk of loss due to nonpayment of taxes" or (2) "in danger of foreclosure the process of being foreclosed to a default under the terms of a mortgage." 

The Distressed Property Conveyance Act is not a new law; this Washington State Supreme Court case is an opinion on existing law. The court's opinion serves as a good reminder to remain diligent in avoiding preforeclosures. As is common when investors work with home owners to buy distressed residential properties, the investor loses.

WA Distressed Property Conveyance Act - Supreme Court Opinion

Please take the time to read both the law and the Opinion. If you are told that the law is not being enforced in Washington, that the seller can sign a disclosure that eliminates your risk or something comparable, please consider your reading of the law and consult with a Washington attorney for more accurate information. There are many ways to invest profitably in Washington without the risk of committing a Felony.

Read RCW 61.34 by clicking here.

Read the related Washington State Supreme Court Opinion by clicking here.  


The preceding statements are not intended as legal advise.

Please consult your Washington State licensed real estate attorney for details.

Thank you for visiting REIA!

Join REIA Today!

What are you waiting for?

Real Estate Investors Association

of Washington

Copyright 2007-2023. All Rights Reserved.