If you are gifting the property, you as donor and the recipient will both also have to sign a supplemental statement that there is no consideration (payment) changing hands. This is to document under oath that there is no basis for any real estate excise tax.
Larry R Schreiter Seattle Real Estate Attorney
Posted over 13 years ago.
If you are gifting the property, you as donor and the recipient will both also have to sign a supplemental statement that there is no consideration (payment) changing hands. This is to document under oath that there is no basis for any real estate excise tax.