HB 1298 – Increase Condo Supply

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Increasing the supply and affordability of condominium units and townhouses as an option for homeownership.

Sponsors: HutchinsWalenBarkisKlickerCheneyBatemanDoglioGregersonLeavitt

Status: DEAD

Summary

  • Modifies requirements and scope of construction defect actions. Clarifies warranties and disclaimer of warranties related to developers of condominiums subject to the Washington Uniform Common Interest Ownership Act.
  • Modifies deposit requirements and local government planning related to the construction of condominiums.
  • Exempts sales of condominium units to eligible first-time homebuyers from the real estate excise tax.

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