Unsolicited real estate tx.

AN ACT Relating to clarifying consumer protections regarding 1
unsolicited real estate transactions for public purposes or by 2
nonprofit land conservancies; amending RCW 61.40.010; and creating a 3
new section. 4
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:5
NEW SECTION. Sec. 1. The legislature finds that in enacting 6
chapter 77, Laws of 2025 (SHB 1081), the legislature intended to 7
provide additional protections to homeowners when they receive an 8
unsolicited offer to purchase. The legislature finds that these 9
additional protections are not necessary when such an offer is made 10
by government agencies or nonprofit land conservancies, which have 11
different legal standards and appraisal requirements that cannot be 12
reconciled with the requirements of chapter 77, Laws of 2025 (SHB 13
1081).14
Sec. 2. RCW 61.40.010 and 2025 c 417 s 1306 are each amended to 15
read as follows: 16
(1) For real estate transactions executed on or after January 1, 17
2026, in which a potential buyer or someone representing a potential 18
buyer actively solicits the purchase of real property through public 19
advertising or written, electronic, or in-person contact with an 20
H-2910.2
HOUSE BILL 2624
State of Washington 69th Legislature 2026 Regular Session
By Representatives Donaghy, Fosse, and Scott
Read first time 01/22/26. Referred to Committee on Consumer
Protection & Business.
p. 1 HB 2624
owner of real property that is not currently publicly available or 1
listed on the real estate market for purchase, the owner of the 2
solicited real property shall, upon execution of a purchase contract 3
between the potential buyer and the owner of the solicited real 4
property: 5
(a) Have the right to an appraisal of the real property by an 6
appraiser licensed in accordance with chapter 18.140 RCW, which right 7
shall be expressly included in the purchase contract between the 8
potential buyer and the owner of the solicited real property; and9
(b) Have the right to cancel the purchase contract without 10
penalty or further obligation subject to subsection (2) of this 11
section. 12
(2)(a) For owners of the solicited real property who wish to 13
exercise their right to an appraisal: 14
(i) The owner has the right to select the appraiser, and the 15
potential buyer is responsible for the expense of the appraisal;16
(ii) The appraisal must be ordered within three business days 17
after the execution of the purchase contract, and the owner of the 18
solicited real property shall notify the potential buyer of the 19
appraisal; and 20
(iii) The owner of the solicited real property has the right to 21
cancel the purchase contract, without penalty or further obligation, 22
within four business days after the appraisal is received.23
(b) For owners of solicited real property who do not wish to 24
receive an appraisal, the owner has the right to cancel the purchase 25
contract without penalty or further obligation within 10 business 26
days after execution of the contract. 27
(c) In the event of cancellation, the owner of the solicited real 28
property shall send a notice of cancellation to the buyer by mail, 29
telegram, email, or other means of written communication. Notice of 30
cancellation is considered given when mailed, when filed for 31
telegraphic transmission, when emailed, or, if sent by other means, 32
when delivered to the buyer's designated place of business.33
(3) The purchase contract for a real estate transaction described 34
in this section must state clearly in at least size 10-point boldface 35
type, and the seller must affirmatively acknowledge in writing, that 36
the seller: 37
(a) Has a right to an appraisal as specified in subsection (2) of 38
this section; and 39
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(b) Has a right to cancel the purchase contract without penalty 1
or further obligation in accordance with subsection (2) of this 2
section. 3
(4) This section does not apply to a buyer or seller represented 4
by a real estate broker licensed in accordance with chapter 18.85 5
RCW. 6
(5) Nothing in this chapter affects the rights accruing to any 7
party as set forth in RCW 64.04.220. 8
(6) The legislature finds that the practices covered by this 9
section are matters vitally affecting the public interest for the 10
purpose of applying the consumer protection act, chapter 19.86 RCW. A 11
violation of this section is not reasonable in relation to the 12
development and preservation of business and is an unfair or 13
deceptive act in trade or commerce and an unfair method of 14
competition for the purpose of applying the consumer protection act, 15
chapter 19.86 RCW. 16
(7) This section does not apply to any public entity including, 17
but not limited to, the department of transportation, cities, and 18
counties, acquiring real property for ((transportation purposes)) any 19
public purposes, an Indian tribe, or a nonprofit nature conservancy 20
corporation or association as defined in RCW 84.34.250.21
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p. 3 HB 2624