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Common Interest Community - Senate Bill 6175

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Steve Carter

Thread Starter
Sophomore Member
Joined
Jun 21, 2006
Professional Status
Certified Residential Appraiser
State
Washington
I'm wondering what impact this will have on appraisers.
Here's a link to a bulletin from the NWMLS.

http://www.nwmls.com/library/content/legalbulletins/Legal Bulletin_213.pdf

Seems like the bill creates a new category of ownership that includes what were both Condos and PUD's.

Certainly appears it's going to make it more difficult to search for condos and puds. I'm curious to see what the legal description on one of these properties looks like.

Any thoughts?
 
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