Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

THE LAW OF REAL ESTATE AGENCY

This pamphlet describes your legal rights in dealing with a
real estate firm or broker. Please read it carefully
before signing any documents.

The following is only a brief summary of the attached law.

SEC. 1. Definitions. Defines the specific terms used in the law.

SEC. 2. Relationships between Brokers and the Public. Prescribes that a broker who works with a
buyer or tenant represents that buyer or tenant — unless the broker is the listing agent, a seller’s
subagent, a dual agent, the seller personally or the parties agree otherwise. Also prescribes that
in a transaction involving two different brokers licensed to the same real estate firm, the firm’s
designated broker and any managing broker responsible for the supervision of both brokers,
are dual agents and each broker solely represents his or her client — unless the parties agree in
writing that both brokers are dual agents.
SEC. 3. Duties of a Broker Generally. Prescribes the duties that are owed by all brokers, regardless
of who the broker represents. Requires disclosure of the broker’s agency relationship in a specific
transaction.
SEC. 4. Duties of a Seller’s Agent. Prescribes the additional duties of a broker representing the seller
or landlord only.
SEC. 5. Duties of a Buyer’s Agent. Prescribes the additional duties of a broker representing the
buyer or tenant only.
SEC. 6. Duties of a Dual Agent. Prescribes the additional duties of a broker representing both parties
in the same transaction, and requires the written consent of both parties to the broker acting as
a dual agent.
SEC. 7. Duration of Agency Relationship. Describes when an agency relationship begins and ends.
Provides that the duties of accounting and confidentiality continue after the termination of an
agency relationship.
SEC. 8. Compensation. Allows real estate firms to share compensation with cooperating real estate
firms. States that payment of compensation does not necessarily establish an agency relationship.
Allows brokers to receive compensation from more than one party in a transaction with the
parties’ consent.
SEC. 9. Vicarious Liability. Eliminates the liability of a party for the conduct of the party’s agent or
subagent, unless the principal participated in or benefited from the conduct or the agent or
subagent is insolvent. Also limits the liability of a broker for the conduct of a subagent.
SEC. 10. Imputed Knowledge and Notice. Eliminates the common law rule that notice to or knowledge
of an agent constitutes notice to or knowledge of the principal.
SEC. 11. Interpretation. This law establishes statutory duties which replace common law fiduciary duties
owed by an agent to a principal.
SEC. 12. Short Sale. Prescribes an additional duty of a firm representing the seller of owner-occupied
real property in a short sale.
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32
SECTION 1:
DEFINITIONS.
Unless the context clearly requires otherwise, the
definitions in this section apply throughout this chapter.
(1) “Agency relationship” means the agency
relationship created under this chapter or by written
agreement between a real estate firm and a buyer
and/or seller relating to the performance of real
estate brokerage services.
(2) “Agent” means a broker who has entered into
an agency relationship with a buyer or seller.
(3) “Broker” means broker, managing broker, and
designated broker, collectively, as defined in chapter
18.85 RCW, unless the context requires the terms to
be considered separately.
(4) “Business opportunity” means and includes a
business, business opportunity, and goodwill of
an existing business, or any one or combination
thereof when the transaction or business includes
an interest in real property.
(5) “Buyer” means an actual or prospective
purchaser in a real estate transaction, or an actual
or prospective tenant in a real estate rental or lease
transaction, as applicable.
(6) “Buyer’s agent” means a broker who has entered
into an agency relationship with only the buyer in
a real estate transaction, and includes sub-agents
engaged by a buyer’s agent.
(7) “Confidential information” means information from
or concerning a principal of a broker that:
(a) Was acquired by the broker during the course
of an agency relationship with the principal;
(b) The principal reasonably expects to be kept
confidential;
(c) The principal has not disclosed or authorized
to be disclosed to third parties;
(d) Would, if disclosed, operate to the detriment
of the principal; and
PAGE 2
(e) The principal personally would not be
obligated to disclose to the other party.
(8) “Dual agent” means a broker who has entered
into an agency relationship with both the buyer and
seller in the same transaction.
(9) “Material fact” means information that
substantially adversely affects the value of the
property or a party’s ability to perform its obligations
in a real estate transaction, or operates to materially
impair or defeat the purpose of the transaction.
The fact or suspicion that the property, or any
neighboring property, is or was the site of a murder,
suicide or other death, rape or other sex crime,
assault or other violent crime, robbery or burglary,
illegal drug activity, gang-related activity, political
or religious activity, or other act, occurrence, or use
not adversely affecting the physical condition of or
title to the property is not a material fact.
(10) “Owner-occupied real property” means real
property consisting solely of a single-family
residence, a residential condominium unit, or a
residential cooperative unit that is the principal
residence of the borrower.
(11) “Principal” means a buyer or a seller who has
entered into an agency relationship with a broker.
(12) “Real estate brokerage services” means the
rendering of services for which a real estate license
is required under chapter 18.85 RCW.
(13) “Real estate firm” or “firm” have the same
meaning as defined in chapter 18.85 RCW.
(14) “Real estate transaction” or “transaction” means
an actual or prospective transaction involving a
purchase, sale, option, or exchange of any interest in
real property or a business opportunity, or a lease or
rental of real property. For purposes of this chapter, a
prospective transaction does not exist until a written
offer has been signed by at least one of the parties.
(15) “Seller” means an actual or prospective seller in a real
estate transaction, or an actual or prospective landlord
in a real estate rental or lease transaction, as applicable.
(16) “Seller’s agent” means a broker who has entered
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32
into an agency relationship with only the seller in
a real estate transaction, and includes subagents
engaged by a seller’s agent.
(17) “Subagent” means a broker who is engaged to
act on behalf of a principal by the principal’s agent
where the principal has authorized the broker in
writing to appoint subagents.
SECTION 2:
RELATIONSHIPS BETWEEN BROKERS
AND THE PUBLIC.
(1) A broker who performs real estate brokerage
services for a buyer is a buyer’s agent unless the:
(a) Broker’s firm has appointed the broker to
represent the seller pursuant to a written agency
agreement between the firm and the seller, in
which case the broker is a seller’s agent;
(b) Broker has entered into a subagency
agreement with the seller’s agent’s firm, in
which case the broker is a seller’s agent;
(c) Broker’s firm has appointed the broker to
represent the seller pursuant to a written agency
agreement between the firm and the seller,
and the broker’s firm has appointed the broker
to represent the buyer pursuant to a written
agency agreement between the firm and the
buyer, in which case the broker is a dual agent;
(d) Broker is the seller or one of the sellers; or
(e) Parties agree otherwise in writing after the
broker has complied with RCW 18.86.030(1)(f).
(2) In a transaction in which different brokers
affiliated with the same firm represent different
parties, the firm’s designated broker and any
managing broker responsible for the supervision of
both brokers, is a dual agent, and must obtain the
written consent of both parties as required under
RCW 18.86.060. In such case, each of the brokers
PAGE 3
shall solely represent the party with whom the
broker has an agency relationship, unless all parties
agree in writing that the broker is a dual agent.
(3) A broker may work with a party in separate
transactions pursuant to different relationships,
including, but not limited to, representing a party
in one transaction and at the same time not
representing that party in a different transaction
involving that party, if the broker complies with this
chapter in establishing the relationships for each
transaction.
SECTION 3:
DUTIES OF A BROKER GENERALLY.
(1) Regardless of whether a broker is an agent,
the broker owes to all parties to whom the broker
renders real estate brokerage services the following
duties, which may not be waived:
(a) To exercise reasonable skill and care;
(b) To deal honestly and in good faith;
(c) To present all written offers, written notices and
other written communications to and from either
party in a timely manner, regardless of whether
the property is subject to an existing contract for
sale or the buyer is already a party to an existing
contract to purchase;
(d) To disclose all existing material facts known
by the broker and not apparent or readily
ascertainable to a party; provided that this
subsection shall not be construed to imply any
duty to investigate matters that the broker has
not agreed to investigate;
(e) To account in a timely manner for all money
and property received from or on behalf of
either party;
(f) To provide a pamphlet on the law of real
estate agency in the form prescribed in
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32
RCW 18.86.120 to all parties to whom the broker
renders real estate brokerage services, before
the party signs an agency agreement with the
broker, signs an offer in a real estate transaction
handled by the broker, consents to dual agency,
or waives any rights, under RCW 18.86.020(1)(e),
18.86.040(1)(e), 18.86.050(1)(e), or 18.86.060(2)(e)
or (f), whichever occurs earliest; and
(g) To disclose in writing to all parties to whom
the broker renders real estate brokerage services,
before the party signs an offer in a real estate
transaction handled by the broker, whether
the broker represents the buyer, the seller, both
parties, or neither party. The disclosure shall be
set forth in a separate paragraph entitled “Agency
Disclosure” in the agreement between the buyer
and seller or in a separate writing entitled “Agency
Disclosure.”
(2) Unless otherwise agreed, a broker owes no
duty to conduct an independent inspection of the
property or to conduct an independent investigation
of either party’s financial condition, and owes
no duty to independently verify the accuracy or
completeness of any statement made by either
party or by any source reasonably believed by the
broker to be reliable.
SECTION 4:
DUTIES OF A SELLER’S AGENT.
(1) Unless additional duties are agreed to in writing
signed by a seller’s agent, the duties of a seller’s
agent are limited to those set forth in RCW 18.86.030
and the following, which may not be waived except
as expressly set forth in (e) of this subsection:
(a) To be loyal to the seller by taking no action
that is adverse or detrimental to the seller’s
interest in a transaction;
(b) To timely disclose to the seller any conflicts
of interest;
PAGE 4
(c) To advise the seller to seek expert advice
on matters relating to the transaction that are
beyond the agent’s expertise;
(d) Not to disclose any confidential information
from or about the seller, except under subpoena
or court order, even after termination of the
agency relationship; and
(e) Unless otherwise agreed to in writing
after the seller’s agent has complied with
RCW 18.86.030(1)(f), to make a good faith
and continuous effort to find a buyer for the
property; except that a seller’s agent is not
obligated to seek additional offers to purchase
the property while the property is subject to an
existing contract for sale.
(2) (a) The showing of properties not owned by
the seller to prospective buyers or the listing
of competing properties for sale by a seller’s
agent does not in and of itself breach the duty
of loyalty to the seller or create a conflict of
interest.
(b) The representation of more than one seller
by different brokers affiliated with the same firm
in competing transactions involving the same
buyer does not in and of itself breach the duty
of loyalty to the sellers or create a conflict of
interest.
SECTION 5:
DUTIES OF A BUYER’S AGENT.
(1) Unless additional duties are agreed to in writing
signed by a buyer’s agent, the duties of a buyer’s
agent are limited to those set forth in RCW 18.86.030
and the following, which may not be waived except
as expressly set forth in (e) of this subsection:
(a) To be loyal to the buyer by taking no action
that is adverse or detrimental to the buyer’s
interest in a transaction;
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32
(b) To timely disclose to the buyer any conflicts
of interest;
(c) To advise the buyer to seek expert advice
on matters relating to the transaction that are
beyond the agent’s expertise;
(d) Not to disclose any confidential information
from or about the buyer, except under subpoena
or court order, even after termination of the
agency relationship; and
(e) Unless otherwise agreed to in writing
after the buyer’s agent has complied with
RCW 18.86.030(1)(f), to make a good faith and
continuous effort to find a property for the buyer;
except that a buyer’s agent is not obligated to:
(i) seek additional properties to purchase while
the buyer is a party to an existing contract to
purchase; or
(ii) show properties as to which there is no
written agreement to pay compensation to
the buyer’s agent.
(2) ( a ) The showing of property in which a buyer is
interested to other prospective buyers by a
buyer’s agent does not in and of itself breach
the duty of loyalty to the buyer or create a
conflict of interest.
(b) The representation of more than one buyer
by different brokers affiliated with the same firm
in competing transactions involving the same
property does not in and of itself breach the
duty of loyalty to the buyer or create a conflict
of interest.
SECTION 6:
DUTIES OF A DUAL AGENT.
(1) Notwithstanding any other provision of this
chapter, a broker may act as a dual agent only
with the written consent of both parties to the
transaction after the dual agent has complied with
PAGE 5
RCW 18.86.030(1)(f), which consent must include a
statement of the terms of compensation.
(2) Unless additional duties are agreed to in writing
signed by a dual agent, the duties of a dual agent
are limited to those set forth in RCW 18.86.030 and
the following, which may not be waived except as
expressly set forth in (e) and (f) of this subsection:
(a) To take no action that is adverse or detrimental
to either party’s interest in a transaction;
(b) To timely disclose to both parties any
conflicts of interest;
(c) To advise both parties to seek expert advice
on matters relating to the transaction that are
beyond the dual agent’s expertise;
(d) Not to disclose any confidential
information from or about either party, except
under subpoena or court order, even after
termination of the agency relationship;
(e) Unless otherwise agreed to in writing after the
dual agent has complied with RCW 18.86.030(1)(f),
to make a good faith and continuous effort to
find a buyer for the property; except that a dual
agent is not obligated to seek additional offers
to purchase the property while the property is
subject to an existing contract for sale; and
(f) Unless otherwise agreed to in writing after the
dual agent has complied with RCW 18.86.030(1)(f),
to make a good faith and continuous effort to
find a property for the buyer; except that a dual
agent is not obligated to:
(i) seek additional properties to purchase while
the buyer is a party to an existing contract to
purchase; or
(ii) show properties as to which there is no
written agreement to pay compensation to
the dual agent.
(3) (a) The showing of proper ties not owned
by the seller to prospective buyers or the listing
of competing properties for sale by a dual agent
does not in and of itself constitute action that is
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32
adverse or detrimental to the seller or create a
conflict of interest.
(b) The representation of more than one seller
by different brokers licensed to the same firm
in competing transactions involving the same
buyer does not in and of itself constitute action
that is adverse or detrimental to the sellers or
create a conflict of interest.
(4) (a) The showing of property in which a buyer is
interested to other prospective buyers or the
presentation of additional offers to purchase
property while the property is subject to a
transaction by a dual agent does not in and of itself
constitute action that is adverse or detrimental to
the buyer or create a conflict of interest.
(b) The representation of more than one
buyer by different brokers licensed to the
same firm in competing transactions involving
the same property does not in and of itself
constitute action that is adverse or detrimental
to the buyer or create a conflict of interest.
SECTION 7:
DURATION OF AGENCY RELATIONSHIP.
(1) The agency relationships set forth in this chapter
commence at the time that the broker undertakes to
provide real estate brokerage services to a principal
and continue until the earliest of the following:
(a) Completion of performance by the broker;
(b) Expiration of the term agreed upon by the
parties;
(c) Termination of the relationship by mutual
agreement of the parties; or
(d) Termination of the relationship by notice
from either party to the other. However, such
PAGE 6
a termination does not affect the contractual
rights of either party.
(2) Except as otherwise agreed to in writing, a
broker owes no further duty after termination of the
agency relationship, other than the duties of:
(a) Accounting for all moneys and property
received during the relationship; and
(b) Not disclosing confidential information.
SECTION 8:
COMPENSATION.
(1) In any real estate transaction, a firm’s
compensation may be paid by the seller, the buyer,
a third party, or by sharing the compensation
between firms.
(2) An agreement to pay or payment of compensation
does not establish an agency relationship between
the party who paid the compensation and the broker.
(3) A seller may agree that a seller’s agent’s firm
may share with another firm the compensation paid
by the seller.
(4) A buyer may agree that a buyer’s agent’s firm
may share with another firm the compensation paid
by the buyer.
(5) A firm may be compensated by more than one
party for real estate brokerage services in a real estate
transaction, if those parties consent in writing at or
before the time of signing an offer in the transaction.
(6) A firm may receive compensation based on the
purchase price without breaching any duty to the
buyer or seller.
(7) Nothing contained in this chapter negates the
requirement that an agreement authorizing or
employing a broker to sell or purchase real estate
for compensation or a commission be in writing
and signed by the seller or buyer.
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32
SECTION 9:
VICARIOUS LIABILITY.
(1) A principal is not liable for an act, error, or
omission by an agent or subagent of the principal
arising out of an agency relationship:
(a) Unless the principal participated in or
authorized the act, error, or omission; or
(b) Except to the extent that:
(i) the principal benefited from the act, error,
or omission; and
(ii) the court determines that it is highly
probable that the claimant would be unable
to enforce a judgment against the agent or
subagent.
(2) A broker is not liable for an act, error, or omission
of a subagent under this chapter, unless that broker
participated in or authorized the act, error or
omission. This subsection does not limit the liability
of a firm for an act, error, or omission by a broker
licensed to the firm.
SECTION 10:
IMPUTED KNOWLEDGE AND NOTICE.
(1) Unless otherwise agreed to in writing, a principal
does not have knowledge or notice of any facts
known by an agent or subagent of the principal that
are not actually known by the principal.
(2) Unless otherwise agreed to in writing, a broker
does not have knowledge or notice of any facts
known by a subagent that are not actually known
by the broker. This subsection does not limit the
knowledge imputed to the designated broker or any
managing broker responsible for the supervision of
the broker of any facts known by the broker.
PAGE 7
SECTION 11:
INTERPRETATION.
The duties under this chapter are statutory duties
and not fiduciary duties. This chapter supersedes
the fiduciary duties of an agent to a principal under
the common law. The common law continues
to apply to the parties in all other respects. This
chapter does not affect the duties of a broker
while engaging in the authorized or unauthorized
practice of law as determined by the courts of this
state. This chapter shall be construed broadly.
SECTION 12:
SHORT SALE.
When the seller of owner-occupied residential real
property enters into a listing agreement with a real
estate firm where the proceeds from the sale may
be insufficient to cover the costs at closing, it is the
responsibility of the real estate firm to disclose to the
seller in writing that the decision by any beneficiary
or mortgagee, or its assignees, to release its interest
in the real property, for less than the amount the
borrower owes, does not automatically relieve the
seller of the obligation to pay any debt or costs
remaining at closing, including fees such as the real
estate firm’s commission.
© Copyright 2013
Northwest Multiple Listing Service
Revised July 2013
RCW 18.86.120
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

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Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

Form 22T ©Copyright 2015

Title Contingency Addendum Northwest Multiple Listing Service
Rev. 7/15 ALL RIGHTS RESERVED
Page 1 of 1 TITLE CONTINGENCY ADDENDUM TO
PURCHASE & SALE AGREEMENT
February 28, 2020
The following is part of the Purchase and Sale Agreement dated __________________________________________ 1
Joseph R Hoctor
between ______________________________________________________________________________ (“Buyer”) 2
Buyer Buyer

Craig A Currie Michael B Currie

and ___________________________________________________________________________________ (“Seller”) 3
Seller Seller

1500 Vantage Highway Ellensburg WA 98926

concerning _______________________________________________________________________ (the "Property”). 4
Address City State Zip

1. Title Contingency. This Agreement is subject to Buyer's review of a preliminary commitment for title insurance, 5
together with any easements, covenants, conditions and restrictions of record. Buyer shall have _________ 5 6
✔ the date of Buyer’s receipt of the preliminary commitment for title insurance;
days (5 days if not filled in) from ‰ 7
or ‰ mutual acceptance (from the date of Buyer’s receipt, if neither box checked) to give notice of Buyer's 8
disapproval of exceptions contained in the preliminary commitment. 9
5
Seller shall have __________ days (5 days if not filled in) after Buyer's notice of disapproval to give Buyer 10
notice that Seller will clear all disapproved exceptions. Seller shall have until the Closing Date to clear all 11
disapproved exceptions. 12
If Seller does not give timely notice that Seller will clear all disapproved exceptions, Buyer may terminate this 13
Agreement within 3 days after the deadline for Seller's notice. In the event Buyer elects to terminate the 14
Agreement, the Earnest Money shall be returned to Buyer. If Buyer does not timely terminate the Agreement, 15
Buyer shall be deemed to have waived all objections to title, which Seller did not agree to clear. 16

2. Supplemental Title Reports. If supplemental title reports disclose new exception(s) to the title commitment, 17
then the above time periods and procedures for notice, correction, and termination for those new exceptions 18
shall apply to the date of Buyer's receipt of the supplemental title report. The Closing date shall be extended as 19
necessary to accommodate the foregoing times for notices. 20

3. Marketable Title. This Addendum does not relieve Seller of the obligation to provide marketable title at Closing 21
as provided for in the Agreement. 22

_________________________ ________________________ _________________________ _________________________

Buyer’s Initials Date Buyer’s Initials Date Seller’s Initials Date Seller’s Initials Date
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

Form 22XX ©Copyright 2016

Kittitas County Water Addendum KITTITAS COUNTY Northwest Multiple Listing Service
Rev. 3/16 WATER ADDENDUM ALL RIGHTS RESERVED
Pages 1 of 1

The following is part of the Purchase and Sale Agreement dated _______________________________
February 28, 2020

between ____________________________________________________________________
Joseph R Hoctor (“Buyer”)
Buyer Buyer

and ________________________________________________________________________
Craig A Currie Michael B Currie (“Seller”)
Seller Seller

concerning 1500
_____________________________________________________________
Vantage Highway Ellensburg WA 98926 (the “Property”)
Address City State Zip

Surface Water Rights Disclosure

Buyer acknowledges that the right to use surface water in the Yakima River Basin, from the Yakima River,
all tributaries to the Yakima River, and all surface water within Kittitas County has been or is being
determined in State of Washington, Department of Ecology v. James J. Acquavella, Yakima County
Superior Court No. 77-2-01484-5 (“Acquavella”). Buyer acknowledges that the Acquavella water rights
adjudication may appear as an exception in the preliminary commitment for title insurance and the title
insurance policy issued by the Title Insurance Company. That exception shall not cause title to the
Property to be unmarketable, and Buyer waives this defect or encumbrance. Buyer acknowledges that
the right to use surface water on the Property will be impacted by the decisions in Acquavella. Buyer
shall take title to the Property subject to those decisions.

Groundwater Rights Disclosure

Buyer acknowledges that the right to use groundwater for new domestic uses in Kittitas County is subject
to regulation by both the Department of Ecology and Kittitas County. New uses of ground water for
potable water are prohibited without obtaining either mitigation water or a permit to use ground water.
Buyer acknowledges that an adequate water supply determination will be made for the Property before
Buyer will be issued a building permit. Buyer shall make an independent inquiry into availability of
mitigation water or a ground water rights permit prior to Closing.

Buyer acknowledges that neither Seller, Listing Firm, or Selling Firm have made any representations as
to the availability or adequacy of surface water or ground water for the Property.

______________________ ______________________ ______________________ ________________________

Buyer’s Initials Date Buyer’s Initials Date Seller’s Initials Date Seller’s Initials Date
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Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

Form 22L ©Copyright 2012

Lease Review Addendum Northwest Multiple Listing Service
Rev. 12/12 ALL RIGHTS RESERVED
Page 1 of 1 LEASE REVIEW ADDENDUM
TO PURCHASE & SALE AGREEMENT
February 28, 2020
The following is part of the Purchase and Sale Agreement dated __________________________________________ 1
Joseph R Hoctor
between ______________________________________________________________________________ (“Buyer”) 2
Buyer Buyer

Craig A Currie Michael B Currie

and ___________________________________________________________________________________ (“Seller”) 3
Seller Seller

1500 Vantage Highway Ellensburg WA 98926

concerning _______________________________________________________________________ (the "Property”). 4
Address City State Zip

1. Tenant in Property. The parties acknowledge that the Property is currently occupied by a tenant(s) (“Tenant”), 5
pursuant to a lease or rental agreement, which will remain in effect after Closing. 6

2. Leases, Books, Records, Agreements. Seller shall make available to Buyer, as soon as practical, but no later 7
3
than _______ days (10 days if not filled in) after mutual acceptance, all documents available to Seller relating to the 8
lease or rental agreement for the Property and any other agreements relating to Tenant’s occupancy, including 9
property management agreements, service contracts, and agreements with professionals or consultants; leases of 10
personal property or fixtures; and a schedule of tenants, rents, and deposits; maintenance records; and accounting 11
records and audit reports. 12

3. Lease Review Contingency. Buyer shall determine, in Buyer’s sole discretion, whether Buyer wishes and is able to 13
assume all of the foregoing leases, contracts, and agreements which have terms extending beyond Closing. If Buyer does 14
3
not give notice of disapproval within __________ days (5 days if not filled in) of receipt of the above documents or 15
the date that the above documents are due, then this lease review contingency shall conclusively be deemed 16
satisfied (waived). If Buyer gives timely notice of disapproval, then this Agreement shall terminate and the Earnest 17
Money shall be refunded to Buyer. 18

4. Transfer of Lease Interests. Buyer shall be solely responsible for obtaining any required consents to assume any 19
leases, contracts, and agreements. Seller shall transfer all of Seller’s right, title and interest in and to the leases, 20
contracts and agreements by assignment and Buyer shall assume performance of all obligations upon Closing. 21

5. Deposits and Rent. At Closing, security, cleaning, and any other unearned deposits or other reserves shall be 22
assigned or delivered to Buyer. Rents collected from Tenant after Closing shall be applied first to rentals due most 23
recently from Tenant for the period after Closing, and the balance shall be applied for the benefit of Seller for 24
delinquent rentals owed for a period prior to Closing. The amounts applied for the benefit of Seller shall be 25
delivered by Buyer to Seller promptly after receipt. 26

_________________________ ________________________ _________________________ _________________________

Buyer’s Initials Date Buyer’s Initials Date Seller’s Initials Date Seller’s Initials Date
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

1500 Vantage Highway Ellensburg WA 98926

Estate of Steve Currie
Craig Currie, Executor

Tax-ID: 108636
Alt. Tax-ID: 18-18-36077-0115
Legal Description: ACRES .40, CD.#9148-2; STATE ADDITION; PTN. LOT 86; SEC. 36;
TWP. 18; RGE. 18;

Tax-ID: 764134
Alt. Tax-ID: 18-18-36077-0098
Legal Description: ACRES .07, CD. 9148-1; SEC. 36; TWP. 18; RGE. 18; VACATED VISTA
ROAD; STATE LAND ADD.
 1500 Vantage Hwy
Authentisign ID: 93E979F9-D2B4-4113-8844-B6AF1C8EDC32

Date: 2/26/2019 1 inch = 94 feet

Disclaimer: Relative Scale 1:1,128
Kittitas County makes every effort to produce and publish the most
current and accurate information possible. No warranties, expressed
or implied, are provided for the data, its use, or its interpretation.
Kittitas County does not guarantee the accuracy of the material
contained herein and is not responsible for any use, misuse or
representations by others regarding this information or its derivatives.

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