Washington Administrative Code Title 458 (Department of Revenue)

WAC 458-61A-216 — Mortgage Insurers

Agency filings affecting this section (1) Introduction. The transfer of real property from a mortgage lender to the Veterans Administration or Federal Housing Authority is an exempt transaction. (2) The transfer of real property from a mortgage lender to another private insurer or guarantor in settlement of an insurance claim is a taxable transaction. [Statutory Authority: RCW 82.32.300 , 82.01.060 (2), and 82.45.150 . WSR 05-23-093, § 458-61A-216, filed 11/16/05, effective 12/17/05.]

Last amended: Statutory Authority: RCW 82.32.300 , 82.01.060 (2), and 82.45.150 . WSR 05-23-093, § 458-61A-216, filed 11/16/05, effective 12/17/05.

Source: official text