The Washington Notice of Waiver of Preferential Purchase Right is a legal document that allows a party to waive their right to exercise a preferential purchase option or right under certain circumstances. This notice is commonly used in real estate transactions, where parties may have a preferential right to purchase a property before it is offered to other potential buyers. By waiving this right, the party is giving up their opportunity to purchase the property with preferential terms. There are several types of Washington Notice of Waiver of Preferential Purchase Right, depending on the nature of the transaction and the parties involved. These may include: 1. Residential Property Waiver: This type of waiver is specifically designed for residential real estate transactions in Washington state. It allows a tenant, usually in a rental property, to give up their right to purchase the property if the landlord decides to sell it. 2. Commercial Property Waiver: This waiver is applicable to commercial real estate transactions, where businesses or investors may have a preferential purchase right. By signing this waiver, the party relinquishes their opportunity to acquire the property based on their preferential status. 3. Agricultural Property Waiver: In certain cases, agricultural properties may have preferential purchasing rights, particularly in cases of family-owned farms or agricultural land preservation programs. This waiver allows parties to waive their preferential rights regarding the purchase and sale of agricultural properties. 4. Condominium Waiver: Condominium associations may have provisions in place that allow unit owners to purchase adjacent units before they are offered to the general market. This type of waiver enables owners to relinquish their preferential rights to acquiring contiguous units within their condominium complex. It is important to note that the Washington Notice of Waiver of Preferential Purchase Right should be carefully reviewed by all parties involved, including potential buyers, sellers, landlords, and tenants. Seeking legal counsel is highly recommended ensuring the proper execution of this document in compliance with Washington state laws and regulations. Failure to execute the waiver correctly could result in legal disputes or potential financial losses.
Washington Notice of Waiver of Preferential Purchase Right
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(1) Upon the death of an individual subject to conservatorship, a conservator shall: (a) Have authority to disburse or commit those funds under the control of the conservator as are prudent and within the means of the estate for the disposition of the deceased individual subject to conservatorship's remains.
(1) All petitions filed under RCW 11.130. 365 for appointment of a conservator shall be heard within sixty days unless an extension of time is requested by a party or the court visitor within such sixty-day period and granted for good cause shown. If an extension is granted, the court shall set a new hearing date.
RCW 11.130. 520: Administrative powers of conservator not requiring court approval.
Tender of payment by buyer; payment by check. (2) Tender of payment is sufficient when made by any means or in any manner current in the ordinary course of business unless the seller demands payment in legal tender and gives any extension of time reasonably necessary to procure it.
RCW 11.130. 275: Notice of hearing for appointment of guardian for adult.
(4) A court order establishing a full conservatorship for an adult must state the basis for granting a full conservatorship and include specific findings to support the conclusion that a limited conservatorship would not meet the functional needs of the adult.
(1) The court may remove a conservator for failure to perform the conservator's duties or other good cause and appoint a successor conservator to assume the duties of the conservator.
