Current through Register Vol. 24-21, November 1, 2024
Section 255-30-100 - Acceptance of real estate(1) The society may accept gifts of developed or undeveloped real estate. The following requirements apply to the acceptance of real estate: (a) Acceptance of real estate is contingent on formal approval of the society's board of trustees;(b) Acceptance of property shall not violate any federal, state or local statute or ordinance;(c) The purpose for which the property is being donated shall be permissible under the state expenditure rules which apply to donations to the society;(d) The donor agrees that the property can be sold at the society's discretion;(e) The donor may be responsible for obtaining and paying for an appraisal of the property. The appraisal must be performed by an independent, qualified appraiser;(f) The society's board of trustees may require the donor provide an environmental appraisal of any proposed gift of real estate;(g) The donor may be asked to pay for all or a portion of the following: (ii) Real estate taxes due prior to date of conveyance;(iv) Real estate broker's commission and other costs of sale; and(v) Preliminary title report costs; and(h) The property shall be conveyed by warranty deed prior to the execution of any contract of sale by the grantor.Wash. Admin. Code § 255-30-100
Adopted by WSR 18-23-088, Filed 11/20/2018, effective 12/21/2018