House Bill 2624 — State of Washington, 69th Legislature, 2026 Regular Session

Summary

This is House Bill 2624 (H-2910.2), State of Washington, 69th Legislature, 2026 Regular Session, by Representatives Donaghy, Fosse, and Scott, read first time 01/22/26 and referred to Committee on Consumer Protection & Business. The act relates to consumer protections regarding unsolicited real estate transactions for public purposes or by nonprofit land conservancies, and amends RCW 61.40.010. Section 1 sets out legislative findings that the additional protections are not necessary when an unsolicited offer is made by government agencies or nonprofit land conservancies. Section 2 gives the owner of solicited real property a right to an appraisal and a right to cancel the purchase contract without penalty.

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Full text

     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.




1        AN ACT Relating to clarifying consumer protections regarding
2    unsolicited real estate transactions for public purposes or by
3    nonprofit land conservancies; amending RCW 61.40.010; and creating a
4    new section.


 5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:


 6       NEW SECTION.   Sec. 1.   The legislature finds that in enacting
 7   chapter 77, Laws of 2025 (SHB 1081), the legislature intended to
 8   provide additional protections to homeowners when they receive an
 9   unsolicited offer to purchase. The legislature finds that these
10   additional protections are not necessary when such an offer is made
11   by government agencies or nonprofit land conservancies, which have
12   different legal standards and appraisal requirements that cannot be
13   reconciled with the requirements of chapter 77, Laws of 2025 (SHB
14   1081).


15       Sec. 2. RCW 61.40.010 and 2025 c 417 s 1306 are each amended to
16   read as follows:
17       (1) For real estate transactions executed on or after January 1,
18   2026, in which a potential buyer or someone representing a potential
19   buyer actively solicits the purchase of real property through public
20   advertising or written, electronic, or in-person contact with an
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 1   owner of real property that is not currently publicly available or
 2   listed on the real estate market for purchase, the owner of the
 3   solicited real property shall, upon execution of a purchase contract
 4   between the potential buyer and the owner of the solicited real
 5   property:
 6       (a) Have the right to an appraisal of the real property by an
 7   appraiser licensed in accordance with chapter 18.140 RCW, which right
 8   shall be expressly included in the purchase contract between the
 9   potential buyer and the owner of the solicited real property; and
10       (b) Have the right to cancel the purchase contract without
11   penalty or further obligation subject to subsection (2) of this
12   section.
13       (2)(a) For owners of the solicited real property who wish to
14   exercise their right to an appraisal:
15       (i) The owner has the right to select the appraiser, and the
16   potential buyer is responsible for the expense of the appraisal;
17       (ii) The appraisal must be ordered within three business days
18   after the execution of the purchase contract, and the owner of the
19   solicited real property shall notify the potential buyer of the
20   appraisal; and
21       (iii) The owner of the solicited real property has the right to
22   cancel the purchase contract, without penalty or further obligation,
23   within four business days after the appraisal is received.
24       (b) For owners of solicited real property who do not wish to
25   receive an appraisal, the owner has the right to cancel the purchase
26   contract without penalty or further obligation within 10 business
27   days after execution of the contract.
28       (c) In the event of cancellation, the owner of the solicited real
29   property shall send a notice of cancellation to the buyer by mail,
30   telegram, email, or other means of written communication. Notice of
31   cancellation is considered given when mailed, when filed for
32   telegraphic transmission, when emailed, or, if sent by other means,
33   when delivered to the buyer's designated place of business.
34       (3) The purchase contract for a real estate transaction described
35   in this section must state clearly in at least size 10-point boldface
36   type, and the seller must affirmatively acknowledge in writing, that
37   the seller:
38       (a) Has a right to an appraisal as specified in subsection (2) of
39   this section; and


                                     p. 2                          HB 2624
 1       (b) Has a right to cancel the purchase contract without penalty
 2   or further obligation in accordance with subsection (2) of this
 3   section.
 4       (4) This section does not apply to a buyer or seller represented
 5   by a real estate broker licensed in accordance with chapter 18.85
 6   RCW.
 7       (5) Nothing in this chapter affects the rights accruing to any
 8   party as set forth in RCW 64.04.220.
 9       (6) The legislature finds that the practices covered by this
10   section are matters vitally affecting the public interest for the
11   purpose of applying the consumer protection act, chapter 19.86 RCW. A
12   violation of this section is not reasonable in relation to the
13   development and preservation of business and is an unfair or
14   deceptive act in trade or commerce and an unfair method of
15   competition for the purpose of applying the consumer protection act,
16   chapter 19.86 RCW.
17       (7) This section does not apply to any public entity including,
18   but not limited to, the department of transportation, cities, and
19   counties, acquiring real property for ((transportation purposes)) any
20   public purposes, an Indian tribe, or a nonprofit nature conservancy
21   corporation or association as defined in RCW 84.34.250.

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